MarkterSchure

MarkterSchure

break of rising wedge and break of horizontal support in a downsloper doesn't bode well target is the yellow oval circle at the median line

MarkterSchure

Well, it looks like it has

MarkterSchure

In the upsloper a modified downsloper and now move above upper parallel of this. Further upside very likely, current price 1.987 Back to the median line of the upsloper and maybe higher.

MarkterSchure

characteristics of a rising wedge pattern, most unreliable pattern ever. drawning the lines over and over again. this is an new attempt.

MarkterSchure Updated 

healthy correction in a strong uptrend support of the lower parallel coming in around 1.880

MarkterSchure

I like this new MtS upsloper, used another pivot point to catch price. See how the spikes at the upper parallel and at the median line reversed.

MarkterSchure

Price at 1155, some form of rising wedge or bearish flag in downsloper, if lower upsloping trendline is broken maybe move to the median line

MarkterSchure

Move above the downsloping trendline that is connecting highs is a buy

MarkterSchure

Neckline ~ 50

MarkterSchure

Weak relative strength compared to other indexes, and now price breaking down a line that must hold, not good

MarkterSchure

almost break of upsloping trendline in a downsloper

MarkterSchure

watching this

MarkterSchure

Just broken an upsloping trendline, let's see if these action-reaction lines are of value in future

MarkterSchure

stage 3 of Weinstein theory, New breakout , Or a breakdown coming

MarkterSchure

Lower top in place, H&S pattern with neckline at 182, holding on the sliding parallel of upsloper,

MarkterSchure

chart to watch for next week, odds of follow through are high

MarkterSchure

Double top in place, downsloper in effect, some support of horizontal line, test of lower upsloping trendline of the trendchannel coming ???

MarkterSchure

Maybe setting up for a bounce, if above downsloping trendline it could go higher also closing in to a support level of the horizontal line