the daily chart is forming a pattern i have seen many times on smaller timeframes. although i am publishing this on a 4hr chart so that it shows clearly the trend lines and fib levels. 0.236 is a good support and i hope it holds. if it holds we see a great move up all the way to 12000 and i believe it should be a fast move upwards.
if 10000 support breaks we free fall to 9000 very fast aswel. so both ways there seems to be a powerful move coming.
i stand bullish though because this chart is see forming on a daily almost always does that and gets stopped out at 0.786- 0.886 fib levels.
if 10000 support breaks we free fall to 9000 very fast aswel. so both ways there seems to be a powerful move coming.
i stand bullish though because this chart is see forming on a daily almost always does that and gets stopped out at 0.786- 0.886 fib levels.