Bullish, but bearish first
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Unless R1's all-times-high is broken, a short term bearish correction towards S1 (0.5 Fib and bottom of tunnel) is preferred. If broken, S2 (0.618 Fib and May's resistance/support) and S3 (0.786 Fib and March's resistance) are also optional.
PS: Got confused with the R's and S's in the chart. Sorry for that.
PS: Got confused with the R's and S's in the chart. Sorry for that.
Nota
Perhaps an Adam and Eve pattern.As long as Eve (curved) doesn't pass Adam and then breaks the ~1,900 support line, it might drop an equal distance to ~1,060$, which is the area of the long term trend line (green).
invst.ly/41sqw
Nota
Next stop (hourly) invst.ly/41t7k
Penafian
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