is going on well in a solid downtrend but it seems it is quite a time for a change. The last correction is not only supported by a trustworthy line but also a positive divergence with RSI
. What is more, the price is now on a very important Fibonacci level which is often regarded as an end of corrections but in case it's broken, the price will head for the .50 Fib level.The market will be either very strong bullish
or very strong bearish
. The answer is a few weeks away.