cup pattern and bullish divergence min target 1821 max 1857
invalidation at 1857
above 1857 probably stuck at 1874 resistance
normally target 1821 then drop to 1704
or target 1839 or 1857 then drop to 1668 or lower
so rejection at 1840 or 1857 would indicate a stronger bearish movement
also could rejected at 1805 and drop to 173x
above 1857 probably stuck at 1874 resistance
normally target 1821 then drop to 1704
or target 1839 or 1857 then drop to 1668 or lower
so rejection at 1840 or 1857 would indicate a stronger bearish movement
also could rejected at 1805 and drop to 173x
Comment:
Comment:
daily stochastic must topped first before further bearish trend again (because weekly bearish trend also would target under 1700$)