Uptrend
As my other analyses, this chart has entered to new uptrend because:
1.Correction has finished in 50-61.8 Fib ret zone.
2.A descending trend line has been broken.
3.A major pivot point has been passed.
As always, setting a sure Sl is so vital, in this case 93 ,in my view, can be good place.
As my other analyses, this chart has entered to new uptrend because:
1.Correction has finished in 50-61.8 Fib ret zone.
2.A descending trend line has been broken.
3.A major pivot point has been passed.
As always, setting a sure Sl is so vital, in this case 93 ,in my view, can be good place.