the reaccumulation 1 is mentioned here in details....
Disclaimer...not an investing/trading recommendation
Upwards target derived from point figure chart...
this is a bearish AB=CD information or alternate bearish ABCD, the significant levels are marked, the prz ranges from 0.886AB to 1.27AB=CD level for the classical ABCD..
0.5 has given a god resistance after which the price has been punished and is on the upmove, if 0.5 is crossed with significant momentum , BAMM may be triggered...
Partial profit booking planned...
