Forming downtrend to 9650
IT seems we have the beginning of a downtrend, which is confirmed on my Daily chart
but it should be a fake downtrend.
it won't be a Bear rally, but a correction to "rebound up" , because bulls are still in control on the long run.
So price should comeback to a bullish mode after that correction, and price should still keep on moving over 11K (let's hope)
but it should be a fake downtrend.
it won't be a Bear rally, but a correction to "rebound up" , because bulls are still in control on the long run.
So price should comeback to a bullish mode after that correction, and price should still keep on moving over 11K (let's hope)
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