Hi Traders!
The market is moving in an Uptrend.
Lastly, it broke the Range and moved up.
Now it is coming back to retest the Range - a successful Retest is also valid even if it turns inside the Range.
During this Pulling Back process, two Trendlines occured too.
That means, that the Trendline Breaks could serve as an indication of when the market could turn.
The target is the last Top.
Thanks and successful Trading :-)!
The market is moving in an Uptrend.
Lastly, it broke the Range and moved up.
Now it is coming back to retest the Range - a successful Retest is also valid even if it turns inside the Range.
During this Pulling Back process, two Trendlines occured too.
That means, that the Trendline Breaks could serve as an indication of when the market could turn.
The target is the last Top.
Thanks and successful Trading :-)!