Price appears to be struggling at a resistance level and is boxed in right now.
Possible Ascending Triangle formed which is neutral until broken.
A Bat pattern noted, crooked M which is bullish but price keeps hitting the resistance line, so has not broken as far upward like most Bullish Bats do.
A bat has peak 2 lower than peak 1 and the 4th leg down should hit the .886, or 1.113 for a Alternate Bat. This nailed the .886 fib level of XA but continues to struggle.
No recommendation.
Possible Ascending Triangle formed which is neutral until broken.
A Bat pattern noted, crooked M which is bullish but price keeps hitting the resistance line, so has not broken as far upward like most Bullish Bats do.
A bat has peak 2 lower than peak 1 and the 4th leg down should hit the .886, or 1.113 for a Alternate Bat. This nailed the .886 fib level of XA but continues to struggle.
No recommendation.