PRICE HAS HIT A KEY RESISTANCE ON THE DAILY.POSSILY FORMING A CUP AND HANDLE PATTERN WITHIN THIS UPTREND. IM LOOKING FOR A 70 PIP TP TO THE 23% FIBB LEVEL WITH A 20 PIP STOP.ENJOY AND LET ME KNOW YOUR THOUGHTS ON THIS IDEA :)
注释
WILL BE LOOKING TO BUY AFTER THE RETEST OF THE HANDLE
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Price Testing the 50 Fibbonacci level Still good area to Short.
注释
Price closed under .618 Fibb level. Holding
注释
PRICE WENT IN INTENDED DIRECTION FOR SOME PROFIT,BUT CUP AND HANDLE WAS INCOMPLETE. IN SPECULATION IT WAS DUE TO W PATTERN THAT HAD ALREADY FORMED AT THE BOTTOM OF THE MOVE.
注释
TIP:THE BIGGER THE TIMEFRAME THE MORE ACCURATE THE MOVE.