Two options present itself now :
1. breakout of the resistance and continue to charge higher
2. breakdown and heads south to 0.675
1. breakout of the resistance and continue to charge higher
2. breakdown and heads south to 0.675
Note
Praise Lord. It did not break down as low as we wanted and rebounded strongly. This is a nice ABC pattern. See my latest chart update.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.