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Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Price is having trouble break upward. Weekly timeframe still indicates a bearish movement.
Let price come to you before you short.
Follow the trend. Clearly bearish.
Possibly a bounce off the previous support is essential.
Price broke the trendline. I'm expecting a bullish momentum next week.
Price broke the ascending trendline. I'm expecting a retest and a continuation downward next week.
As you can see, we are still in a downtrend channel. We still have a potential of bearish for next week.
Price broke the TL, came back up to retest the trendline and then drop. As you can see right now, it creating a possible doubletop. We should see a drop next week.
Potential for bearish next week. If price broke .88, we'll see more downside.