I was playing with higher time frames and I placed trend line from September 2013 low till present day and look what came out.


Chart shows that we are seating on it right now and there is also monthly support at 181.00 so I think major intersection. Let’s draw possible options for future days. First there is possibility that support at 181.00 will be broken, then we will be looking for a retest and short signal (1). Second option (2), that support at 181.00 and trend line will be respected and that we will bounce up from here. I marked spots with circles, where we should look for entry signals.

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