1. A major downtrend on daily chart has been broken; done so by an upwards forming channel as marked up on the chart.
2. We are now waiting for the channel to be respected and drawback to the 1850 zone, which will also serve as a retest of broken downtrend
3. The 24 SMMA shows long term buy (just another confluence)
2. We are now waiting for the channel to be respected and drawback to the 1850 zone, which will also serve as a retest of broken downtrend
3. The 24 SMMA shows long term buy (just another confluence)
