What side will we break out
Depending what side we'll break from. I'll buy or sale.
We might see a retest of the high before going down since the 50EMA crossed the 200EMA. But i won't suprise me with the retest.
At the Daily we are at the top and we failed to fully break though yesterday. Still under 50EMA and 200EMA. I'm bearish. unless we can get a strong break of this this trend line.
For long term, we are at a Resistance point and Might be going Bullish with the 50EMA and 200EMA crossing, we at the bottom of the the traingle to. I think there is a good chance we will try to touch the upper trendline again.
We might see a retest of the high before going down since the 50EMA crossed the 200EMA. But i won't suprise me with the retest.
At the Daily we are at the top and we failed to fully break though yesterday. Still under 50EMA and 200EMA. I'm bearish. unless we can get a strong break of this this trend line.
For long term, we are at a Resistance point and Might be going Bullish with the 50EMA and 200EMA crossing, we at the bottom of the the traingle to. I think there is a good chance we will try to touch the upper trendline again.
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