Day Chart Pattern: Falling Wedge
Daily Trend: Bearish
Possible trend: Bearish
Divergence: None
Candlestick Pattern: None
Volume: Low
Time Frame: Day Chart
My Targets: Probability can change.
Reward to Risk: 1/3
Possible Entry: What I'm looking for:
.009651 - .0097
Support needed to hold above .009651 to continue to next target!
Resistance needed broken with candle close above .010992 to continue to next target!
Targets Can exceed or not meet expectation
Bullish Targets
1 .010992
2 .011696
3 .016995 upon Bullish Breakout
Bearish Targets
1 .009651
2 .008054
Stop Loss: Base on a Daily Candle Close.
1 .009651
2 .008054 next target if first stop
loss support broken with a candle
close
Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.