GM Yall!
It retraced more then 38.2%, and now is on the fall again. Bears and bulls meet again at the accending orange TL that has held the price from falling yesterday. I believe it will break sooner then later, anyway i closed my last short of the broken H&S neckline yesterday. Now waiting for another setup if it comes in heh. Also the descending downtrend channel is in play as well, but i see the third swing failed to touch the UTL of the descending ciolet channel, that might be a sign that bulls are loosing power. Lets wait and see who will win!
It retraced more then 38.2%, and now is on the fall again. Bears and bulls meet again at the accending orange TL that has held the price from falling yesterday. I believe it will break sooner then later, anyway i closed my last short of the broken H&S neckline yesterday. Now waiting for another setup if it comes in heh. Also the descending downtrend channel is in play as well, but i see the third swing failed to touch the UTL of the descending ciolet channel, that might be a sign that bulls are loosing power. Lets wait and see who will win!