Good Monday morning, Dear Swing Traders!
An attempt to make only a deep retracement on Friday has resulted in another correction channel. Thus with good percentage of credibility we will be looking at the very same scenario the final stage of which took place on the 3rd of December. The upper border along with 48K need taking for the 2nd time, and we dare to suppose that the highs might not stand either. This story will be followed by the price downside development.
Yours,
ICBF Swinger Dagmar
An attempt to make only a deep retracement on Friday has resulted in another correction channel. Thus with good percentage of credibility we will be looking at the very same scenario the final stage of which took place on the 3rd of December. The upper border along with 48K need taking for the 2nd time, and we dare to suppose that the highs might not stand either. This story will be followed by the price downside development.
Yours,
ICBF Swinger Dagmar