need price to drop and bounce up from (77.00- 75.50 bracket) and break the 78.50 barrier for strong upwards. ceiling formation also happening 78.75 so it is lot of mixed signals.even though the signals are all topped out, long is looking good now. have to see how it will play out. scary market.
There is no obvious ceiling formation occurring right now.need price to drop and bounce up from (77.00- 75.50 bracket) and break the 78.50 barrier for strong upwards. ceiling formation also happening 78.75 so it is lot of mixed signals.
ceiling pattern is forming as we speak at 78.50 ( 2000 ticks) not completed but they are trying to form it. i would like price to come down to 77.00 to dismantle the ceiling.There is no ceiling formation occurring right now.
pattern rejected , ceiling not formed @78.50There is no obvious ceiling formation occurring right now.