Yep, that is very possible one. But imo, it has to go down first, hopefully soon.
We've just gone slightly beyond the point of a triangle as the shock waves get damped out and that triangle has an upward trend, it would take something fairly significant to change its direction (not that I go in for TA but harmonics and damping are relevant in all kinds of stuff).
Not that I disagree over much because everything so far suggests this should be the start of a fairly long downward trend but I also think the dumps may have been premature and there's upward pressure despite the caution.
all we need is a good bid wall and caution will be thrown out the window
I can wait a week till that Eurozone news disseminates to the masses. It took an awful specific search term to find it, and I had to show my dad he hadn't heard much about the whole deal and he' pays a fair bit of attention to global trends and politics. Sometimes patients works.. I know I could have sold at any of three daily tops now but I'd prefer to just hold atm.
Were like a rocket ship about to engage our stage 4 boosters. were almost out of our atmosphere and I'll just equate price drop in a change of velocity for a moment.. but remember there is less gravity in space Lol
What news? Could you link please?