MystFX

MystFX

We maybe looking at a potential Bullish Bat / Perfect ABC right at about 0.72s to 0.69s. Expecting RSI to be oversold when this happens. Anticipating more downside action at this time. Best buying opportune if you ask me. ;)

MystFX

Reworked the channels but still going Long on the outlook. Should be seeing the major resistance @ $0.73ish region in a couple of days at least and intersecting with the long standing bearish trend line (Orange). As this will be the 3rd attempt to push up, it may have the possibility of breaking through or may at least retrace back shortly before doing...

MystFX Updated 

We could see a short retracement from here down to 0.382 Fib extension. Better buying opportunity. We buy the dips.

MystFX

Test of long term bearish trend line acting as support. If you don't have a good base at this, best to stay on the sidelines until it falls on a good support - ideally at $0.38ish.