Looks like we have formed a flat top rising bottom pennant.
From what i am reading is
Absorption at higher level reaccumulation stepping stone with shakeout
Estimating that we are entering Phase D and we will soon see a mark up that will test resistance levels
From what i am reading is
Absorption at higher level reaccumulation stepping stone with shakeout
Estimating that we are entering Phase D and we will soon see a mark up that will test resistance levels
Comment:
Well that LTC/BTC pattern sure wasnt a H&S. Was wondering when that pair would turn around.
Current LTC/USD Phase interpretation
Current LTC/USD Phase interpretation
Comment:
Well I was wrong... distribution it is
Inverse Head and Shoulders?