Last idea proved to be correct(see related idea below) so expecting future move upwards now.
Kommentera:
We just broke above a major downward trendline, support this idea of wave structure and bull power.
Kommentera:
some consolidation now seems likely before more strong upward move. as major resistance above at fib 0,618 - 46.95, and price is current touched the upper Bollinger Band yesterday.
Kommentera:
Breaking above important fib 0.618 (46.95) of current larger bearish wave now any moment
Kommentera:
Possible reversal now around 47 of bearish short term trend
Possible reversal now around 47 of bearish short term trend