Price action from Nov 2020 (A) seems anything but impulsive.
Conditions for a running or expanded flat have been met @ 123.6% fibonacci level. We are currently testing strong support (also forming a Head and Shoulders pattern).
I don´t believe we will go below 25 for an expanded flat, so I´ll look for bullishness in the 40´s, in a running flat.
Conditions for a running or expanded flat have been met @ 123.6% fibonacci level. We are currently testing strong support (also forming a Head and Shoulders pattern).
I don´t believe we will go below 25 for an expanded flat, so I´ll look for bullishness in the 40´s, in a running flat.
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