BUYING OPPORTUNITY HERE AT 9600 /
UPTREND MOMENTUM IS STILL STRONG AFTER 50% RETRACEMENT. THE UPTREND IS ALIVE AND HEALTHY.. OUR TARGETS FROM 9600 IS 11000 !
-- EXTENSION BREAKOUT PATTERN --
AFTER PREVIOUS UPTREND HAS BEEN BROKEN, NEW LOWS HAVE SET IN TO CREATE AREAS TO CONNECT NEW TRENDLINE, NOW ONLY HAVING 2 TOUCHES ON THIS TRENDLINE WE CAN LOOK TO SEE HOW PRICE WILL REACT ON THE 3RD RETEST... WITH THE 61.8% - 1.68% PROJECTION
UPTREND MOMENTUM IS STILL STRONG AFTER 50% RETRACEMENT. THE UPTREND IS ALIVE AND HEALTHY.. OUR TARGETS FROM 9600 IS 11000 !
-- EXTENSION BREAKOUT PATTERN --
AFTER PREVIOUS UPTREND HAS BEEN BROKEN, NEW LOWS HAVE SET IN TO CREATE AREAS TO CONNECT NEW TRENDLINE, NOW ONLY HAVING 2 TOUCHES ON THIS TRENDLINE WE CAN LOOK TO SEE HOW PRICE WILL REACT ON THE 3RD RETEST... WITH THE 61.8% - 1.68% PROJECTION