The downtrend since may is history.
After the trendbreak, a flag as it could not be more beautiful was formed.
The upmove ended and consolidated till the 38,2 fibo in an almost "textbook manner".
Prices above 24.6$ will generate a longsignal--> TP 29,5$
Prices below will initiate the next consolidation-round
After the trendbreak, a flag as it could not be more beautiful was formed.
The upmove ended and consolidated till the 38,2 fibo in an almost "textbook manner".
Prices above 24.6$ will generate a longsignal--> TP 29,5$
Prices below will initiate the next consolidation-round
Note
Flag Adjustment - AB reached the next action point - here a decision has to be made! Note
Attention please! Bearish Flag within the big flag!!! 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.