Hi there, what do you think about the continuation? will it break the trendline towards 250 or will it bounce upwards again?
Wave-Expert
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if price bounces beautifully from red line or between red and yellow line then look for buy , and if it goes down from yellow line then look for sell !! the pattern it is forming is triangles descending and it has already formed this pattern before and has bounced amazingly and at end broken down !!
abundance28
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Thanks very much.
Wave-Expert
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I will be using very high leverage if it touches at top for short position with maximum stop loss of 40 pips !!