No, really. This move is quitely possible.

This can be the last chance for bulls for next 1-2 weeks.

Anyway price need to escape from coiling d/sma10 d/sma20 zone. Either up or down.

Downmove also possible.

Let the market to decide: move down on middle volume now, or move up to test lost supports and move down on huge volume a bit later.

Or make a move, projection of what I don't know still

Here is the possible choice:

a) slowly go up and test lost supports
b) move down to test trendline. I dont find it heavy, so considering breakdown to lower daily BB.

cypher,

1) I dont try to win, I analyze the actual situation based on TA and figures.
2) Trend dont follow you as well as volume. Coz you are blind and ignoring basics of 1st year study of technicial analysis.

The main indicator on this market is volume. Look at graphs and say on which side daily and weekly candles volume?

hey, hey.  no need to get testy.  i was just teasing you and pointing out a couple of things. 

like i told you before, don't make the rookie mistake of focusing on volume so much.

what's your target and in what timeframe?

can you clarify?  those sentences are a bit incongruous.

For upmove market may stay around resistance 1360 levels for around a week.

But my personal bet is following.

We have d/sma10 pressing from upside.

This sma was broken with 100k+ tripple candle volume. To break it upside in near look - bulls need several green candles with 100k+ summary volume.

I don't beleive in this. I bet on current short-term downtrend continuation.

I think we may have a green doji today and continue down tomorrow.