I’m taking interest in this chart due to the potential Falling Wedge pattern.
It has the potential to bounce from here. Lets see what it does.
It could potentially bounce from this support as it should be an interesting area for buyers to start coming in.
Platinum broke out a few trading sessions ago and stock is following the move. The picture is self explanatory.
Trading this according to the rules of the a Cup and Handle pattern
Inverse head and Shoulder break out pullback.
(DoubleBottom with a fake break out) Price is lingering and possibly might test the DB support.
I saw this coming after wave 3 and now here it is.
Falling Wedge Reversal Break Out
The Japanese Yen Index broke out of a bearish pennant pattern, - to the upside. The 61.8% does look like a sell area, only IF $JPX act accordingly. My max lock profit target for this move is at the 50% fib retracement. One pip lower than the support of the actual Triangle puts me at a complete bearish sentiment. I’d be concervative enough to stay out of a...
im in with a stop below wave 4. Looking to get out in the dollars