As it always happens after a strong breakout the market is searching for a new value/ state of equilibrium. There are some signs that the axis of balance could be around 57 for now. If the breakout move continues then we need to go to higher time frames in our search for truth.
Kommentera:
Some people have been asking - this chart is not a short call or a long call but sharing of an idea on how we can possibly define the level where bulls and bears reach some kind of consensus. It's important because we can come up with some spacial orientation.
