Cup & Handle formation.
Price is still within the channel, this formation could break price above.
Probably noticed charts don't have a lot of support & resistance zones or crutial areas marked, I use all TV broker charts so they don't look too hectic.
Price is still within the channel, this formation could break price above.
Probably noticed charts don't have a lot of support & resistance zones or crutial areas marked, I use all TV broker charts so they don't look too hectic.
Comment:
Main Pivot Point 1758 (for monday 4th) pull back
Comment:
1764/65 resistance holding which is also the cuppa's resitance that hasn't broken yet, could consolidate.
Channel resistance slowly closing in.
Drop is more likely it seems...
Channel resistance slowly closing in.
Drop is more likely it seems...
Comment:
Downside TP's
1758
1745
1738
1722
1758
1745
1738
1722