DislikedI get a little trade shy at this stage because it is Friday and late. Looking at the weekly then I see price is still above the C point but is testing it. {image} See what Monday brings. Off to bed for me though... Have a good weekendIgnored
Below chart is my practice analysis of Weekly chart.
At previous, we have a big down trend. Then we have the Reg DIV send price back to cross the EMA , and it did.
Then price also found the Support. But when price try to make HH, there is a 50% resistend level of ABCD and price failed 2 times to make HH to crossed 50% level.
Right now the price have closed under the EMA26 and also break the BULL SUPPORT ( that mean this bull support had disable ).
So the conclusion is the price move down have higher possible than move up on next week.
Could you advise your opinion!
Thank you!