Today, we are up more than 5%

Maybe since then, the price did not go significantly higher but the situation is still definitely bullish. Most recently, ETPdraw a head and shoulders pattern. Normally that should be negative so why we are positive? ETP broke the neckline and the mid-term up trendline but that was a false breakout! We are bullish because false breakout usually results with a movement in the opposite direction, so in this case – an upswing. Today, we are up more than 5%, which is a good start and can bring us a bullish momentum in the forthcoming days. With this kind of setup, we should see new highs relatively soon.

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