We may derive the following from the Weekly WHL chart:
1. Price made a good break out of the major downtrend.
2. However, the new uptrend failed to close above 6000.
3. At this point, price may find support at the current 5000 level.
4. Wait for an opportunity to present itself. And as always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price made a good break out of the major downtrend.
2. However, the new uptrend failed to close above 6000.
3. At this point, price may find support at the current 5000 level.
4. Wait for an opportunity to present itself. And as always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
