Hi All,
After filling target #1 @ 350$, price action turned north again. I believe this uptrend is now close to a reversal.
The 404-405$ area is where the market will decide whether the uptrend continues or reverse into a down tend again.
My opinion is that we are going to hit the 200 MA at 405$ then reverse south.
I do not think we are done just yet with this bear market.
As always, stay humble, have fun, make money.
MAAX.
After filling target #1 @ 350$, price action turned north again. I believe this uptrend is now close to a reversal.
The 404-405$ area is where the market will decide whether the uptrend continues or reverse into a down tend again.
My opinion is that we are going to hit the 200 MA at 405$ then reverse south.
I do not think we are done just yet with this bear market.
As always, stay humble, have fun, make money.
MAAX.
