JUST A THOUGHT...WILL GO LONG
ON THE MONTHLY TF PRICE HAS RESPECTED THE 50EMA AND BOUNCED OF ONCE TO GO HIGHER.PRICE IS CURRENTLY AT A RESISTANT ZONE WHICH HAS NOW TURNED SUPPORT.ON THE WEEKLY TF PRICE IS CURRENTLY AT THE 50EMA AN PRICE HAS RESPECTED IT TWICE BEFORE,BEFORE GOING HIGHER.SCALING DOWN ON THE DAILY TIMEFRAME,PRICE HAS BROKEN THE SUPPORT OF A DESCEND TRIANGLE AND HAS NOT YET BEING RETESTED.TAKING ALL OF THESE INTO CONSIDERATION,I WILL LOOK FOR A BULLISH SIGNAL TO GO LONG WITH TP 1 @ 1813 AND TP2 @ 1853 BEFORE PRICE MAY ATTEMPT TO GO LOWER.PLEASE GIVE A THUMBS UP IF IT IS A GOOD ANALYSIS AS IM A NEWBIE...TO ALL THE EXPERTS OUT THERE WHO READ THIS PLEASE MAY YOU COMMENT AND LET ME KNOW IF IM THE CORRECT PATH.
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