Possible break out of down trend
Finally Filusd showed some life and has been consolidating for a couple days. Looking to break out of downtrend and then retest the falling resistance and turn it to support on our way to $123-$125 and then $135. If we fail to break up then a break down to $40 to find Strong support before the next attempt.
We just had the 15ma cross over 200EMA and 50ma cross over the 200ma on 2 hr charts so we are in bullish territory looking to hold it from falling back into bearish grounds.
We just had the 15ma cross over 200EMA and 50ma cross over the 200ma on 2 hr charts so we are in bullish territory looking to hold it from falling back into bearish grounds.
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