Crooked W
Updated
Bad pattern noted yet strong volume and a pocket pivot noted.
Possible bearish shark which can end at the .886 or the 1.113. If price reaches the 1.113, it would be a new ATH/Current ATH is 117.37
This one just does not look like it will go a whole lot higher, but the volume and PP look bullish for now. Also a bullish candle today.
Also a possible bull flag that I forgot to draw )o: Bullish patterns do not do well in bear markets or may not break to their full targets.
I will wait.
No recommendation
Possible bearish shark which can end at the .886 or the 1.113. If price reaches the 1.113, it would be a new ATH/Current ATH is 117.37
This one just does not look like it will go a whole lot higher, but the volume and PP look bullish for now. Also a bullish candle today.
Also a possible bull flag that I forgot to draw )o: Bullish patterns do not do well in bear markets or may not break to their full targets.
I will wait.
No recommendation
Comment
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