UnknownUnicorn13437595
Quasimodo continuation set-up . Highly possible to drop.
Weekly Fibonacci retracement + oversold. Buy zone 2.68-3.54 sen
Daily chart. Quasimodo set-up continuation pattern. Entry at 1.7395. TP at 1.71734
Quasimodo pattern - 1 hr chart. SL at 1.36455. TP at 1.35822.
At fibo 0.786 level and oversold - potential to bounce back.
On the trendline and fibo level at 0.786 - expecting to spike up soon.
Fibo 0.786 level and overbought position - Predicted to bounce back.
Double bottom+oversold. Strong rejection at 0.115 sen. Possible to breach beyond 0.17 sen.
Oversold and fibo level at 0.786 level - potential to bounce back.
Long term double bottom - Predicted to bounce back.
fibo level at 0.786 level. Predicted to bounce back.
Bullish expanding triangle pattern with trendline and fibonacci level.
Fibonacci level and support resistance and key level area. Entry area at 0.135-0.145 sen. Stop limit at 0.125 sen
Based on the previous chart pattern, once the price went to a higher high, the price will move down to an area of 0.786 fibonacci level. At the current price of 0.445 sen, it is predicted that the price will move up to 0.5 sen (1st TP) and 0.6 sen (2nd TP).
Although the symmetrical triangle is a neutral pattern, the likelihood of a breakout is stronger towards the direction of the overall trend, meaning that if the symmetrical triangle has been formed after an uptrend, the probability of a break is higher compared to a breakdown.