2 very nice patterns : showing a decisive point.
A Gartley with targets at 0.55 and 0.45
and
A bull flag with a target for the pole at exactly 161.8 Fibonacci level
For the bullish scenario, it has som important resistances to break tho with a bounce on 78.6%. Going for a retest ?
Interestingly, a strong sign would be a nice coup and handle pattern to form, which would retest the breakout and then confirm it on Daily chart. Please see the linked chart.
A Gartley with targets at 0.55 and 0.45
and
A bull flag with a target for the pole at exactly 161.8 Fibonacci level
For the bullish scenario, it has som important resistances to break tho with a bounce on 78.6%. Going for a retest ?
Interestingly, a strong sign would be a nice coup and handle pattern to form, which would retest the breakout and then confirm it on Daily chart. Please see the linked chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.