The price has been dropping massively, but why? And how do we now where we have to sell or set our target?
Well, looking at the chart, it can be clearly inferred that the price has. managed to create a Triple Top, which is a very solid reversal confirmation. The price dropped massively, consolidated a bit around the 129.7 area of support of an ascending channel, and then dropped massively once again. The target is set at the previous Lower Low
Well, looking at the chart, it can be clearly inferred that the price has. managed to create a Triple Top, which is a very solid reversal confirmation. The price dropped massively, consolidated a bit around the 129.7 area of support of an ascending channel, and then dropped massively once again. The target is set at the previous Lower Low
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