AT THE MOMENT WE ARE FINDING RESISTANCE AT THE 50EMA, ARE WE GOING THE BREAK IT OR AR WE GOING TO GET REJECTED.
IF WE DO GET REJECTED WE COULD SEE A PULLBACK TO THE $11500 AND GET SUPPORTED. WE WILL MAKE A DOUBLE BOTTEM BEFORE GETTING BACK INTO THE TRIANGLE. BREAKOUT TARGET WOULD BE $13300 UP TO $14000, IT WOULD GET US INTO THE GOLDEN POCKET.
IF WE DO GET REJECTED WE COULD SEE A PULLBACK TO THE $11500 AND GET SUPPORTED. WE WILL MAKE A DOUBLE BOTTEM BEFORE GETTING BACK INTO THE TRIANGLE. BREAKOUT TARGET WOULD BE $13300 UP TO $14000, IT WOULD GET US INTO THE GOLDEN POCKET.