Long in days, short in weeks/months
It is in a dropping channel in monthly/yearly chart. And the pattern is relatively clear:
1. It shows clear PinBar before dropping.
2. It show a small drop before the big fall. Looks like a little flag hanging on the trend line.
3. It touches the trend line before big fall.
But none of above signal is shown, so my wild guesses are:
1. It will keep rise in hours/days.
2. It will drop in weeks/months.
3. The big fall is not yet to come, let's watch the 'flag' signal first.
1. It shows clear PinBar before dropping.
2. It show a small drop before the big fall. Looks like a little flag hanging on the trend line.
3. It touches the trend line before big fall.
But none of above signal is shown, so my wild guesses are:
1. It will keep rise in hours/days.
2. It will drop in weeks/months.
3. The big fall is not yet to come, let's watch the 'flag' signal first.
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Feragatname
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