So Dear swing Traders,
As of the end of Feb the price needs only a couple of jumps down to 32K to lock the trap with its high at 45.5K. Once we are under the upper border of the broadening wedge we’ll be heading for the goal on the lower border – 8.5K at the moment, bearing in mind that the H&S goal is a little higher – 12.3K. In other words the price will settle down in its “harbor”. Judging by the previuos high at the end of 2017 we assume the current exhausted impetus as the 2nd one. Saying that, the “dead cat bounce” will be expected in half a year – 1 year with the consecutive potential pump to 120K until 2025. I will cover the details of the day-to-day trading on one of these days.

Yours,
ICBF Swinger Dagmar