On May 19th we had the start of the six-month cycle even if the first indication of a restart was given yesterday.
The price found good support at 2.92 closing than the weekend gap and opening up the prospect for us to search for a new high.
What are our goals now? Well, these should be the last highs before a close six-month, one-year and four-year cycles, so I would say the higher it goes, the firmer it will fall down. Having said that, our goals are 3.18 and a gorgeous and fat 3.42 😂.
So this is not a Long signal until these two targets (!), but we will have to be patient and use heavy artillery for when we are in time for Short. Remember that on an annual and four-year cycle we are already Bearish, we only need the price loaded with volumes to unload.