1. Bull flag
2. Rising wedge ( 1st top )
3. Falling wedge
4. Falling wedge
5. Rising wedge ( double top )
6. Bear flag
7. Bear flag
8. Rising wedge ( 1st bottom )
9. Ascending triangle ( double bottom for now )
Currently : 10. Megaphone pattern : we just broke out to the upside and are currently retesting this break out
2. Rising wedge ( 1st top )
3. Falling wedge
4. Falling wedge
5. Rising wedge ( double top )
6. Bear flag
7. Bear flag
8. Rising wedge ( 1st bottom )
9. Ascending triangle ( double bottom for now )
Currently : 10. Megaphone pattern : we just broke out to the upside and are currently retesting this break out
Comment:
Comment:
If we were to drop back into the daily megaphone pattern and invalidate the break out, i think we will retest the 200 weekly EMA, which currently sits on top of the ascending triangle we just broke out of on the weekly.
When we add the clouds to the chart it might look like this :
When we add the clouds to the chart it might look like this :