Boring
Updated
The price is in a sideward range for more than 2 years now,. Insofar we should not expect to much now.
We have reached the bottom of the multiple resistance once again and might fluctuate a bit upward now. But one thing has changed: First time since May 2022 the cloud has turned bullish and we have reached its top what makes the support a bit harder.
Perhaps we may see a turnaround now. At least the downward risk is not large.
We have reached the bottom of the multiple resistance once again and might fluctuate a bit upward now. But one thing has changed: First time since May 2022 the cloud has turned bullish and we have reached its top what makes the support a bit harder.
Perhaps we may see a turnaround now. At least the downward risk is not large.
Trade closed: target reached
Note
It is still range trading. That's why I've closed the position and took the little profit. As I said: "We should not expect expect to much now."Nevertheless we can watch for an outbreak on the top.
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