View Single Post
  #286 (permalink)  
Old 06-12-2008, 01:07 PM
Jebatfx's Avatar
Jebatfx Jebatfx is offline
Master Contributor and Member
 

Join Date: Feb 2008
Posts: 426
Send a message via Yahoo to Jebatfx
Default



Until this moment, the upper green trendline still intact as a strong resistance. Price already made a small breakout to the lower trendline of the teal triangle and bounce back. I'm looking forward for a further downtrend movement soon to bolster the bearish reversal scenario. Otherwise if the price make a breakout to the upper green trendline and later to the bullish continuation line 3, this scenario would be invalid. Goodluck.
Reply With Quote