Despite the drastic fall, bias still stays bullish. The global pattern stays bullish at least until the price will cross the 200 days EMA, and leave the Support zone designated by the last minimum.
The 8500.0 price could be considered as a turning point for the uptrend scenario.
Still, I do not see high volumes, that should accompany the rebounds and starting points of the trend.
The 8500.0 price could be considered as a turning point for the uptrend scenario.
Still, I do not see high volumes, that should accompany the rebounds and starting points of the trend.