Officially, we are still in the uptrend channel. But, with such a long period of consolidation since new year and the great economic news of the US of NFP and CPI, it seems to me that the uptrend is unlikely to hold and the price is preparing to break through the channel and will start to fall.
Do you share my view?
Will the uptrend continue again today or will it begin to decline?
Feel free to share your thoughts with me.
Do you share my view?
Will the uptrend continue again today or will it begin to decline?
Feel free to share your thoughts with me.
Comment:
The trendline is broken. Now we are in a downtrend