From this chart price has retraced to the 78.6 level of the previous higher swing. There is a level of structural support evident.
Price is currently testing the existing trend line.
I will wait for further confirmation such as RSI divergence and a clear minor trend line break out before entering.
*on holiday in cape verde so analysis is more basic!
Price is currently testing the existing trend line.
I will wait for further confirmation such as RSI divergence and a clear minor trend line break out before entering.
*on holiday in cape verde so analysis is more basic!