Another triangle pattern is forming (red) from the original triangle (green). Possible breakdown to CME gap before retesting the mouth of the new triangle then breakout to new highs.
we broke down from our strong support at 4.66. It might be a fakeout, otherwise look towards support from 3.50-3.70 area.
broke down from an upward channel. will test support in the following days. A bounce from support 4.66 will continue the upward trend until it tests again the resistance. A break down from support will invalidate the uptrend thus look to trade between support and resistance until next breakout
chart is indicating an upward channel. trade prices on resistance. If we maintain the upward consolidation, we might see a parabolic move in a couple of days
forming an asymmetrical triangle pattern. possible targets at indicated (4.6-4.75). Invalidated if breaks down from triangle
descending wedge , price targets are as indicated
same pattern, same layout, might be the same outcome or different outcome? who knows,
$sand forming an upward channel. Immediate resistance at mark.
SAND is trading with a flat top pattern. MIght break out at the top resistance