Tarantula: I would like ypur opinion about this chart. We're having on weekly chart some serious signals that the upward movement is over.
The same happened on february this year when price was dropping (highlited with grey elipse), but it was a "fake" reversal and then EU continued it's way down.
Besides following the giant purple wedge eU should go to test the UTL +/- @ 44xx. All this scenario makes me think that price may go up. besides the bearish weekly doji candlesticks.
I guess today's event will define the trend for the rest of the year.
What do you think mate???
The same happened on february this year when price was dropping (highlited with grey elipse), but it was a "fake" reversal and then EU continued it's way down.
Besides following the giant purple wedge eU should go to test the UTL +/- @ 44xx. All this scenario makes me think that price may go up. besides the bearish weekly doji candlesticks.
I guess today's event will define the trend for the rest of the year.
What do you think mate???