not too confident about that double bottom , that they try to make. unless price gets to 37.00 nothing changes. but to hedge it i will put my SL at 49.50
Double bottom on 4000 tick chart. Not saying it's a long signal, just would be cautious if I were short is all.
yes i saw that happening , but unless price makes a new low, i cant commit being a long as it is in the cards a new low, the crystal balls says so ha ha
on a serious note, a massive move is likely to happen in MHO, not sure which way so far the signals are all pointing down but have to wait and see how price action performs. i am waiting for a new low which has highest probability so far in my book but could be wrong. I will check price action for further moves.