We expect price will falling to about 78.6 fibo retracement level
and then rises.
Falling wedge occurs when the uptrend paused
If look at chart in weekly time frame sees forming a C&P pattern (Cup and Handle)
MACD&RSI still in neutral area which confirms this claim.
and then rises.
Falling wedge occurs when the uptrend paused
If look at chart in weekly time frame sees forming a C&P pattern (Cup and Handle)
MACD&RSI still in neutral area which confirms this claim.
Comment:
price back for completing second bottom
