A long downtrend started mi-december and is shown in the main triangle.
A breakout occured some days ago (15-16 April 2014).
It will be interesting to see if the 4 months resistance will behave like a new support or if the breakout was just flash. To prove the possible current uptrend a break of 530$ level would be a nice start.
A breakout occured some days ago (15-16 April 2014).
It will be interesting to see if the 4 months resistance will behave like a new support or if the breakout was just flash. To prove the possible current uptrend a break of 530$ level would be a nice start.
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