On the monthly chart, the price has completed a long term market correctio. We have seen a reaction from the monthly demand indicating order flow has shifted to bearish.
On the weekly charts, we have an internal shift in order flow and a correction that is complete confirming our long-term bearish outlook.
On the daily charts we anticipate a correction to mitigate the 146-147 region, there is a possibility the market might go higher so we will wait for confirmation for either buy limit targeting 146-147 or sell limit from the same region or higher.
On the weekly charts, we have an internal shift in order flow and a correction that is complete confirming our long-term bearish outlook.
On the daily charts we anticipate a correction to mitigate the 146-147 region, there is a possibility the market might go higher so we will wait for confirmation for either buy limit targeting 146-147 or sell limit from the same region or higher.
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