All we need now is a break below 137 to confirm the next leg lower towards 134.99 on its way to 134.55, where we will probably see the low of way iii.Looking at the MACD-Indicator we can see what's called a "Hidden divergence" They occur when the Indicator breaks into a new high or low, but the prices doesn't confirm the new extreme. The following price-action is normally quiet aggressive. In this case it should mean a quick decline to 134.55.
No comments:
Post a Comment