Moritz2704

Moritz2704 Updated 

Good evening, we have a busy week ahead and we start tomorrow, Tuesday, with the CPI data. Tomorrow at 2:30pm we have the release of the US CPI (Consumer Price Index), which reflects the rate of inflation. Honestly, I expect further downside ahead of this release. The current CPI forecast looks really bullish, which means that the price could rise if the...

Moritz2704

If we hope to witness potential future gains, I would prefer to observe a decline to the lowest point of this bullish pattern. Once that occurs, there is a possibility of a significant rebound and a potential breakout. This robust bullish pattern is highly likely to eventually break out in a bullish direction.