And I predicted that it doesen't matter if the cup and handle plays out or not, we will retest the 100 and the top of 99 before or after the MM takes out the 104-105 range.
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Gdpredador
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I had said that we would have prices back at $102.00 by the close of the 12 hour candle. It ended up not happening as expected, and I confess that this was not based on analysis but on years of experience in the market. I expected it to be like an absorbed candle that ends up closing at a high after suffering counterattacks. but it wasn't the end. but nothing changed in context. Mercao defends at the first level we mentioned and has a slight recovery. I think it's a matter of time before it returns to its previous levels. Nothing has changed yet in the context but we will observe, if in case the feeling changes and the market breaks this bottom I will bring more updates.
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