Most of the commentary is on the chart but we now also have a clear inverse head and shoulders bottom.
There may be volatility ahead - the bulls must flip previous resistance now into support and attempt to stay about across the $4055 at finex ($3950 everywhere else).
A failure here will likely see us backtest the 50% / 61.8% fibs c.3600s but i see the risk being for the bears to the upside.
Bullish.
I am reposing this chart as it was blocked by Tradingview last week because i linked to my twitter account.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.