Descending Triangle broken. 2500 in sight. Weird to put a long here. Might wait!
Personally waiting to put a short, waiting till it hits around 7500
Personally do not believe in this. But there is a Divergence forming here. Strong downtrend still exists too.....
- Decline to support level. - If RSI and MACD hold then increase to next Fib level. - If not, strong short.
- Weekly RSI almost 75. - 100$ resistance - Lets see what happens