MANAUSD has a Bullish Flag.
If not successful, the trend may fall to the top of the daily Channel or even to the bottom (not shown).
But if successful: The First resistance ahead is Fibo-0.78, but the heaviest will be Fibo-1 which would be it's second attempt to get through it over the last few days.
If it manages to successfully break through Fibo-0.78 and then Fibo-1, the next profit targets will be 1.6 and then 2.6.
We can expect heavy resistance at all pints particularly at F-1, which can lead to the reversal of the trend.
Happy Trading
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JUST FOR EDUCATIONAL PURPOSE
If not successful, the trend may fall to the top of the daily Channel or even to the bottom (not shown).
But if successful: The First resistance ahead is Fibo-0.78, but the heaviest will be Fibo-1 which would be it's second attempt to get through it over the last few days.
If it manages to successfully break through Fibo-0.78 and then Fibo-1, the next profit targets will be 1.6 and then 2.6.
We can expect heavy resistance at all pints particularly at F-1, which can lead to the reversal of the trend.
Happy Trading
------
JUST FOR EDUCATIONAL PURPOSE
Comment:
Check my analysis on the Daily basis for both MANSUSD and MANABTC
Comment:
It has a Bullish Pennant