Unfortunatly we broke the small uptrending support line on the 1hr time frame and now going for a retest of the 9691 support line wich goes back a long time.
This should be a solid support. If it breaks expect to go down a bit at least to the small red line or further and test the 0.786 fib.
If the bulls dont step in aggresively now we could see ourselves consolidating btn the green bowling balls and will (and testing the red support/resistences) wich is actually a good thing.. I guess :)
This should be a solid support. If it breaks expect to go down a bit at least to the small red line or further and test the 0.786 fib.
If the bulls dont step in aggresively now we could see ourselves consolidating btn the green bowling balls and will (and testing the red support/resistences) wich is actually a good thing.. I guess :)
Time to consolidate... I expect a movement drawn in the chart below.