Hi there wonderful person!
So, next week we will either breakout on the upside; which means that the price breaks the long tested triangle.
Or we will break out on the down side, which means the upward trend is broken and support line of 8058 will be re-tested.
It is not unthinkable that we could revisit the 7772 support line, if the 8058 does not hold.
Personally, I am eye-balling the support line at 7040 for an entry, but will see if I am not dollar averaging something in on the 7772 as well.
A short message from me today, but wish you all the very best and as always: stay safe out there!
So, next week we will either breakout on the upside; which means that the price breaks the long tested triangle.
Or we will break out on the down side, which means the upward trend is broken and support line of 8058 will be re-tested.
It is not unthinkable that we could revisit the 7772 support line, if the 8058 does not hold.
Personally, I am eye-balling the support line at 7040 for an entry, but will see if I am not dollar averaging something in on the 7772 as well.
A short message from me today, but wish you all the very best and as always: stay safe out there!