Last week, we had a market decline from Monday to Thursday, and the price returned from Friday. This week it seems that we will have a bullish market. And the reasons: - The price is in the discount area. (below the 50% Fibo line) - The pattern of cup and handle has also been formed (for those friends who like patterns) - Swing low (daily) has been hitted. So this time I will be looking for long positions and I predict that the big move will be formed around Thursday.
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