On the daily and weekly charts, spotted with a double top at 118.60
Sell on the rise favors the trade with sl 119.20 Dec 2013 high.
Base supprot finds at 112.50. A clear breakdown needed to confirm the distribution pattern.
Trade geschlossen: Ziel wurde erreicht:
The daily RSI lies at 29 nearly oversold but the oscillator remains bearish.
Near term support zone 112.50-111.80.
Near term support zone 112.50-111.80.
Kommentar:
Finally closed below the support 112.50