AB = CD pattern is expected to reach the resistance.
The "ripple well" schedule is approaching. There is a reaction on the chart to expectations. I look forward to reaching my target price.
Looking forward to a double bottom... entry. 3.922(market) ~ 3.85 stoploss. 3.73 (-4.73%) t1. 4.32 t2. 4.68 t3. 5.56 or hold
Three Drives Pattern I hope the channel doesn't break
It is supported with 200 MA on 60-chart. It is forming a small channel on the retracement having fallen since June 27th. It is going to end up with showing a Flag Pattern. If failing to support 200 MA, existing declining energy will drive down to the price of 8,700 to 8,400. It will be a good opportunity to buy. It looks like the price to seek a short position...
We are heading toward the resistance at the middle of a falling channel. Without any long candle hiking up through the resistance, it will be until 7,800 that we will be supposed to follow the streamline of “short”.