i dont know if we will see a retrace any time soon. however...here's the chart of the day...its classic...i'm still amazed at how how one sided its been for so long and we could see a continuation.
what we have here is a clear descending channel with a false breakout many hours ago. now we are testing the upper wall and from the looks of it...there's no way there will be a retracement unless its broken. those horizontal lines are values that i show are what i consider pivotal points for determining future direction
what we have here is a clear descending channel with a false breakout many hours ago. now we are testing the upper wall and from the looks of it...there's no way there will be a retracement unless its broken. those horizontal lines are values that i show are what i consider pivotal points for determining future direction
Different opinions highly valued, ignorant to slander.