Reversal at strong resistance line @ .08 ---> heading back down to .06570 baseline of Triangle.
Possible reversal back to the descending trend line, then watch for the break below .06570, taking us to lower key levels.
Watch for increased volume during sell-off.
Possible reversal back to the descending trend line, then watch for the break below .06570, taking us to lower key levels.
Watch for increased volume during sell-off.
Comment:
Possible C+H forming?
Comment:
Trade closed manually:
Waiting for a break of key price level down to triangle's baseline or the bullish confirmation of a C+H breakout.
Long Position: place buys above the upper trendline of the Handle.
Short Position: wait for deviation from Handle channel and a break below key Kumo level
....let's wait and see
Long Position: place buys above the upper trendline of the Handle.
Short Position: wait for deviation from Handle channel and a break below key Kumo level
....let's wait and see
Trade closed: target reached:
Small profit from bullish break from C+H; still looking to make the SHORT down to the baseline
Comment: