Can we keep the Bullish Trend?
So all previous Highs, till 19 Oct 2019 has been broken.
You see that we follow alongside a blue line. The green line (57) is our previous high of 19 Oct 2019.
In my opinion is this our next target in the following days.
So there are a few possibilities for the next target..
1. Following the blue line. Fast uptrend to the next previous high 57
2. Change of trend. The long walk, with consolidation and immediate pull to the 57
3. Trend changes into a risky one. Retesting the last 21 Oct 2019 high 37. You might consider a stop loss at this point.
If all these targets don't hit. Then we will be in a consolidation of unawareness. It might go up or down.
With the high volumes last days. I'm expecting pattern 1. But anything can happen still..
Not a financial advice. Make your own calculations.
You see that we follow alongside a blue line. The green line (57) is our previous high of 19 Oct 2019.
In my opinion is this our next target in the following days.
So there are a few possibilities for the next target..
1. Following the blue line. Fast uptrend to the next previous high 57
2. Change of trend. The long walk, with consolidation and immediate pull to the 57
3. Trend changes into a risky one. Retesting the last 21 Oct 2019 high 37. You might consider a stop loss at this point.
If all these targets don't hit. Then we will be in a consolidation of unawareness. It might go up or down.
With the high volumes last days. I'm expecting pattern 1. But anything can happen still..
Not a financial advice. Make your own calculations.
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