Weekly candle may confirm relief rally or not
Currently the Trend is pointing to a Bullish reversal on most time frames with the break above the 200 ema 5min.If we get a morning star or a bullish doji close which its pointing too with the buyer momentum , I believe we will start rallying back to weekly .50 to .702 fib. for next few weeks.If we get a dump before the close then the Bears may be still in complete control, Anything can happen at any moment plz be aware.. CPI data next Friday. GL
Komentarz:
SHORT TERM THE TREND POINTING TO A POSSIBLE BULL RALLY