Hello Dear friends
On the daily chart, according to maintaining the price range of $5, it seems that the possibility of completing the head and shoulder pattern at the end of the downward trend is high.
If the rising trend is above the range of $7.25, we expect it to advance to the yellow range ($8.88).
We would be happy to hear your comments
On the daily chart, according to maintaining the price range of $5, it seems that the possibility of completing the head and shoulder pattern at the end of the downward trend is high.
If the rising trend is above the range of $7.25, we expect it to advance to the yellow range ($8.88).
We would be happy to hear your comments
Trade active:
As soon as the $7.25 range is consumed, confirmation of the advance to the $8.88 range is issued.
Trade active:
Still the analysis is valid (:
Trade active
Comment:
It seems a bit difficult to reach the $8.88 range with this daily candlestick (today).