im seeing inverted head n shoulder , a small falling wedge and price rejected around 50% fibonacci retracement and if you go to weekly timeframe and you can see it rejected on the 50 moving average just on the head ( previous price level ) and the right shoulder (recent one)
let me know what you think , feel free to comment down below .
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my target in Twitter , lets see if we can get it to -27% fib
This is a great, clean chart and you have seen things exactly as I have. Good moves.
davidvid96
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@BENNYBOY999 thanks for your comment . Really mean to me
winatasaka
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Well done !
SaeedSajedi
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Nice view. Still there is an alternative bearish scenario. Anyways you did a great job.
davidvid96
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@SaeedSajedi, Thankyou , i visited your page as well , kinda agree on the bullsih scenario , end of ABC pattern and starting with elliot wave pattern , as long as it can break the support around $73 then we can see the continuation to the upside or worst case just like you predict ABC pattern in the higher timeframe , cheers , thankyou for the comment
SaeedSajedi
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@davidvid96, you are welcome my friend. I am in the trade now and hope for best case scenario. If not we chase the stock and finally make our profit.