ARTC Technical Overview
Posted on Tuesday, November 1 2016 at 5:29 am GMT+0000Bearish outlook.
Bearish structure being dominant in the long term preventing any new market entries. The last daily breakout below the 1.38 signaled the resumption of the previously overriding bearish bias, confirming forthcoming lower moves, and at the same time confirming the strength of the short term downtrend, pushing both medium and short term traders to stay neutral for the moment, waiting for the confirmation of strong signs of shift in the trending direction before any new market entry can materialize.
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