UnknownUnicorn792892

UnknownUnicorn792892

After retracing down to the 78.6% fib level, it has bounced back twice to date. A break of the trendline and a close above $0.89c bodes well.

UnknownUnicorn792892

Just about to pop. A close above $6.60 will see a continuation of the move up

UnknownUnicorn792892 Updated 

We have seen a nice break out and a retest back to the break. Will we get a confirmation of the breakout soon or will it be a fade out ? lets wait for the next 2 days and watch the price action

UnknownUnicorn792892

Please wait for a break and retest of the neckline. The inverted H & S pattern is a fragile pattern that does not necessarily yield the correct result.

UnknownUnicorn792892

After closing the gap from June 2019 and retesting the $7.65 zone this is showing tremendous bullishness. The next level of resistance is at $8.50

UnknownUnicorn792892

We are seeing the formation of an inverted H & S pattern with a neckline that lies along the long term trendline. A break and retest of the neckline/trendline should confirm the bullish pattern

UnknownUnicorn792892

Please watch carefully and avoid trading close to the neckline.

UnknownUnicorn792892

The 4 hour chart does not allow me to discount a trip to the 6320 level. This is not a market to trade in and sitting on your hands is the best thing you can do at this time. Going short is not advisable either

UnknownUnicorn792892 Updated 

The neckline has been broken with a strong move up. If you are the cautious kind wait for a retest of the neckline before you commit yourself.

UnknownUnicorn792892

Will it retest the breakout level ? I hope so which will add conviction to the breakout (as well as a chance to get into the trade)

UnknownUnicorn792892

Whilst not visible on the chart the inverted H & S pattern has formed with support around the 78.6% fib retracement (of the move up that commenced in October 2016). This looks set for a move up. Keep an eye on the daily RSI which is at 67 though the weekly RSI is well under control.

UnknownUnicorn792892

Further to my tweet -https://t.co/CKmd0hmDaL?amp=1 this is a good long term investment. After forming a double bottom around the $6 zone, it has broken above its trendline with above average volume as has good prospects. It first target is potentially $7

UnknownUnicorn792892

Inverted H & S pattern is forming. Wait for a break of the neckline

UnknownUnicorn792892 Updated 

Another one on my watchlist. Bull flag forming

UnknownUnicorn792892

Waiting and watching to see where it breaks. My bias is to the upside

UnknownUnicorn792892 Updated 

Breaking out of the downturn, after a retracement to the 61.*% fib.

UnknownUnicorn792892

Setting up nicely but will it break up or down ? time will tell if there is a setup to play with

UnknownUnicorn792892

A nice bull flag forming and patience is recommended