We have daily downtrend and watching the weekly to turn as downtrend
Commento:
First, the daily closed achieved our goal which is also supported by the weekly close.
Commento:
The daily trend remains as downtrend but we need the price to return below the confirmation level (68.145) in order the downtrend continue. Keep closing above this level is risk.
Commento:
It has rejected to change to an uptrend. We are waiting the price to move and close in daily time frame below 68.145
Commento:
We still out
Commento:
Although there is a talk of progressing toward 85, we prefer to stay aside and sell with the confirmation.
Commento:
We are still with the same previous position.
Commento:
It has confirmed the downtrend...Now those are our targets,we will take it step by step..If it returned as an uptrend, targets are 92 &94
Commento:
We need more to close in this level or lower to achieve all targets.