The market currently showing 2 different setup, which the trendline since July 20th had broken and if according to the trendline, the price still at retesting phase.
For the 2nd scenario, the short term market showing head and shoulder pattern, also a bull flag pattern.
Of course the major period would be a bigger term to consider than the short period.
Still, the market yet to show its direction.
For the 2nd scenario, the short term market showing head and shoulder pattern, also a bull flag pattern.
Of course the major period would be a bigger term to consider than the short period.
Still, the market yet to show its direction.
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