Formation cup with handle? Probability 1) Hit and can break the first target. 2) Hit and false break and throwback.
Super long accumulation phase. Is this time the beginning of the new impulse phase?
Plan A The big picture is still an uptrend Hit to significant support and resistant level (3) then breakout? Plan B False break channel (4) go down to (5) Entry point (3) or (4)
4 Probabilities 1) Hit the upper of the channel (1) 2) Test support level (2) 3) Test support level (3) 4) Break out the channel Short term = short However, the big picture is still an uptrend.
My previous analysis and predictions were wrong. The momentum uptrend side remains strong. It can be broken out resistance and channel. Now, we wait and looking for a buying signal on 23% or 38% of Fibonacci retracement. The target price is 1.35191.
Break out support resistant level and ship from A level to the next B level. The target is C point (next support resistant level).
Impulse wave, strong uptrend. The target is the next resistant level.
Breakout support level and following the monthly trend then change to below level. The target is below the support level.
A) Swing in range A (break speed line). B) Break support level A then swings in range B. C) The next target prediction in the next few months.
The big picture is an uptrend. Option 1 retrace to the nearest channel and go up. Option 2 Break down channel to support level then go up.