Not observing a bearish pennant anymore on a short-term basis, looks like stuck in a channel plus a H&S bottom pattern can possibly be made. Let's see if it is going to break the neckline targeting the next 2 lines indicated on the chart shown as TARGETs. Targets are indicated in consideration of an already existing double bottom pattern, a channel and a possible H&S bottom (can be flexible up to -,+%1)
S.L: ''A CLOSING CANDLE'' ( 2h/4h chart) below the bottom line of the channel or a closing candle right under the sub wick of the D&B in the same time range.
Please note that my technical future price idea is not an investment advice!
S.L: ''A CLOSING CANDLE'' ( 2h/4h chart) below the bottom line of the channel or a closing candle right under the sub wick of the D&B in the same time range.
Please note that my technical future price idea is not an investment advice!