We are currently in a uptrend . We could possibly see change in the market direction. I do anticipate a range in the consolidation box for a while before we breakout to continue our uptrend or start of a new down trend.
Let me know your thoughts.
Down trend had broken as we have made a new HH as we broke out the trend. We could possibly go and retest the trend however neckline is lining up perfectly with our 61.8 fib level which could possibly be the turning point and back to the upside which would then create a HL.
