comments on thee chart
Kommentera:
Price is still going up. Price action yesterday looked like the beginning of a retracement only for it to bounce off support. So more upside action expected. A break below the black line will hint that the retracement indeed is starting
Kommentera:
The retracement may have started. The black line is support.
Kommentera:
The retracement is in full force now. I did not expect this massive move down but a gentler one. I am still looking upwards according to my trade idea looking for a 5 wave move up that would go to 105 area. The idea here is this is probably a wave 2 which must not go below the low of the origin of the expected upmove. Will follow up the idea on a daily chart from here