The weekly is still bullish. -Prices above the last High will genereate a Longterm Buying Signal with a prospect of new ATH`s. -The level @ 17.000 (longterm trend chanel) should be a support here. -Prices below 16.800 will hurt the longterm trend chanel and the risk then will increase that a bigger consolidation could start. Possible targets of this big consolidation are the fibos: 23,6: 15.464 38,2 (minimal correction) 13.737 0,5: 12.341 healthy correction 61,8 maximal correction: 10.946
Prices within the tradingboc (blue) are good for scalping / swingtrading