Ok teacher, here is what I see, please correct me if I`m wrong, I want to learn.
Monthly and weekly look bearish to my eyes, but 4Hr and Daily are close to a lower trend line , thus the risk for a bounce; and ,if we break the upper trend line that has put resistance at 153.17 I think we can go up towards 163 or so. But if we break the lower trend line wich is support at 149.25 then we`ll go down like a brick towarsd 140.65 wich is 50 % fib of the entire bull move and also was resistance on the move up.
What do you see .? I` d pretiate your view.
Good luck.
Monthly and weekly look bearish to my eyes, but 4Hr and Daily are close to a lower trend line , thus the risk for a bounce; and ,if we break the upper trend line that has put resistance at 153.17 I think we can go up towards 163 or so. But if we break the lower trend line wich is support at 149.25 then we`ll go down like a brick towarsd 140.65 wich is 50 % fib of the entire bull move and also was resistance on the move up.
What do you see .? I` d pretiate your view.
Good luck.
I`ve been wrong before,and I may be wrong again.