Hello all and good morning to everyone.
This descending channel resistance is proving to be quite strong at the moment. With this flat bottom along side the down-sloping resistance we should see a measured move to the 0.786 level. This impending move to the downside should be the last move down before a reversal if this suspected IHS is to play out.
This descending channel resistance is proving to be quite strong at the moment. With this flat bottom along side the down-sloping resistance we should see a measured move to the 0.786 level. This impending move to the downside should be the last move down before a reversal if this suspected IHS is to play out.