50% bounce

18 févr. 2016

50% bounce, will buy on 1.1180

19 févr. 2016

Note

Short term trend is up. Market is accumulating strength for a while now and it will explode in any direction.

Resistance at around 1.1696 can call in the bears big time if it holds as double top - target 2.

If resistance is broken major trend becomes bullish and it may have strong run up. Resistance can also be retested as support and we can have very strong run up.