In the chart show, I have a greenish-yellow trend that was supposed to be green and we have a red trend. We could possibly see it go up for a long position following its past trend where it broke the support and then flew past the resistance which has previously happened and will continue to follow the green trend and bounce back upwards for profiting long position. OR we could possibly see it break the green trend and follow the red where shorting may be an option for the next month or at least until we see it hit the 3rd resistance line where it has a higher possibility to break out upwards.
