THERE ARE MULTIPLE PATTERNS FROM 12092 THAT HAVE COMPLETED OR IN PROGRESS:
FROM 12000-11669 IS OF INTEREST AS IT IS IN PROGRESS AND IT HAS TAGGED UPPER PRICE RESISTANCE 11850-11870(11880) FROM PREVIOUS POST.
THERE IS A CONFLUENCE OF PRICE AT THIS ZONE 11850-11870.
MULTIPLE PATTERNS FROM 12000:
XA= 12000-11669,AB=11720-11830, BC=11830-11669
D= 11850-11870/11930-11970/12030-12050.
2 PATTERNS COMPLETION = 11930-11970 PRICE ZONE, ABOVE 11930-11970 THEN 12030-12050 PRICE ZONE OR A RETEST OF 12092 HIGH.
PRICE CONSOLIDATION PROBABLE 11669-11880
SUPPORT ZONE: 11830-11800/11750-11710
FROM 12000-11669 IS OF INTEREST AS IT IS IN PROGRESS AND IT HAS TAGGED UPPER PRICE RESISTANCE 11850-11870(11880) FROM PREVIOUS POST.
THERE IS A CONFLUENCE OF PRICE AT THIS ZONE 11850-11870.
MULTIPLE PATTERNS FROM 12000:
XA= 12000-11669,AB=11720-11830, BC=11830-11669
D= 11850-11870/11930-11970/12030-12050.
2 PATTERNS COMPLETION = 11930-11970 PRICE ZONE, ABOVE 11930-11970 THEN 12030-12050 PRICE ZONE OR A RETEST OF 12092 HIGH.
PRICE CONSOLIDATION PROBABLE 11669-11880
SUPPORT ZONE: 11830-11800/11750-11710
