Short term unclear, bearish medium term, bullish long term
Closing long position on short term (weekly), expecting downtrend to persist although the channel looks promising.
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Still we are right saying that short term in unclear, which shown by the ranging chart. Those who trade very short term can benefit from the range.
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Defining moment now, it is currently testing the supply line. We see downward bias first.
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All is well bullish all the way
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1800 hit. Cheers
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1900 hit, yeay!!!
Medium term downtrend still intact, target 50% Fib on larger wave to make LPS.