Looking for a break low. I do not think this is the turn around yet even though we have a daily double bottom weekly and monthly trend is still BEARISH. Until we break the downward range on daily we will stay bearish.
Should we get an INV head n shoulder with a double bottom head and right shoulder formation around 70.30 then the possibility of a turn around on weekly can become more probable. A break above July 22nd HIGH with a daily close will also make this bullish. Stay bearish until then!
Should we get an INV head n shoulder with a double bottom head and right shoulder formation around 70.30 then the possibility of a turn around on weekly can become more probable. A break above July 22nd HIGH with a daily close will also make this bullish. Stay bearish until then!
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