*the display of the angle instrument is a bit buggy but you can understand what I want to show*
I tried some kind of logical and technical analysis on the long term movements since 2013.
It seems that we are in a long term "sideways" market moving in a flag formation which gets tighter over the time. Until the peak of the flag it seems to respect these borderlines for a systematic movement between them.
In this point of view we are going to meet 1178 again and then moving up to our old 1300 zone.
I tried some kind of logical and technical analysis on the long term movements since 2013.
It seems that we are in a long term "sideways" market moving in a flag formation which gets tighter over the time. Until the peak of the flag it seems to respect these borderlines for a systematic movement between them.
In this point of view we are going to meet 1178 again and then moving up to our old 1300 zone.