Purely Technical analysis, there is a clear classic wyckoff accumulation pattern resembling an inverted HnS or cup and handle. Using PnF, i have calculated conservative and aggressive TPs. PnF = 24x0.01x3 = 0.72 TP consv= 0.20 + 0.72(50%) = 0.56 TP aggrsv= 0.20 + 0.72 = 0.92
will the history of 2014 repeat itself forming shark fin pattern?
Comment
the gap at 210 has been closed. As long as the price doesnt break below 225/230, LPS still intact
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