So far so good! let's see how this play's out... This is not a trading advice Good luck to everyone
Hi everyone i hope ya'll doing well The Market sentiment is in extreme fear mode and nearly every indicator is actually indicating an upside move very soon the bullish pennant is also getting tighter every day!. First week of September will be interesting and will probably show us the right direction, the chances are at least 80% for an upside move imo but...
As we see on the Daily chart we had difficulty by breaking the resistance line since more than 1 Year and after we break trough the resistance line we already bounced off 2 Times!! we don't need to explain more i think ;-) BUT BUT BUT!! of course it's not a trading advice but only my personal point of view! it should definitely not determine your trading habits...