Usually if al Medianline is zoomed or gapped, we can expect a Test or even a Re- Test to it. From then on, price will fall.
In this context I see a small Sine-Wave pattern (yellow dotted Sinewave). We know that the center of S.W''s. are usually get broken, bevor the market starts to turn again and bags the shorts in the up move, wich in it self again produces a bigger Sine-Wave again. The nature of Fractals.
Of course and as always - I can be dead wrong hehe...
P!
Trade chiuso: obiettivo raggiunto
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The Gold trade followed the standard Fork-Framework. 1) bounce back to L-MLH 2) down to the next Centerline.