The symmetrical triangle will force a move up or down soon. The overall pattern looks bullish. Using Price Action Based (PABT) theory: only two moves - Expansion and consolidation, the LLPB is 94.74, deep low on the weekly 76 could be complete and the bull target is 136 - 145.
Kommentar:
If supports hold at the 93 level could be entry time.
Kommentar:
1H MA200 93 4H MA50 93
Kommentar:
Weekly High for major bull run target 182
Daily chart local high 106
Daily chart 2nd local high 127
MA20 on Daily 105
MA50 on Daily 118
Daily chart local high 106
Daily chart 2nd local high 127
MA20 on Daily 105
MA50 on Daily 118
Kommentar:
FIB H to L on daily
.786 131
.618 119
.5 111
.382 103
.236 92.88
.786 131
.618 119
.5 111
.382 103
.236 92.88
Kommentar:
15 minute Ascending triangle has tightening consolidation at top (93.45) enter a long a close of candle at apex (93).
Kommentar:
tight SL at 92
