We just hit the trend reversal area on 
TOTAL3, which immediately led to a bounce.
A reversal from this level is very likely —
even though the recent drop formed a bearish structure that could potentially bring us back down to the April 7th lows.
Still, in my view, the more likely direction is to the upside.
The coming days and weeks will show how this plays out.
TOTAL3, which immediately led to a bounce.A reversal from this level is very likely —
even though the recent drop formed a bearish structure that could potentially bring us back down to the April 7th lows.
Still, in my view, the more likely direction is to the upside.
The coming days and weeks will show how this plays out.
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