Hi,
Our dip to 7.2k and double top is looking a lot like the big dip to 6k and double top at 11.7k. If we repeat that, and the bulls don't completely lose their minds, we will bounce off the 78% fib and the rising log support.
Things would get quite tight after that, as we get trapped between the descending line from 19k-17k-11.7k and the rising log support (3k-6k-7.2k). Both lines have 3 touches and are the battle lines between bears and bulls.
Good luck!
Our dip to 7.2k and double top is looking a lot like the big dip to 6k and double top at 11.7k. If we repeat that, and the bulls don't completely lose their minds, we will bounce off the 78% fib and the rising log support.
Things would get quite tight after that, as we get trapped between the descending line from 19k-17k-11.7k and the rising log support (3k-6k-7.2k). Both lines have 3 touches and are the battle lines between bears and bulls.
Good luck!
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