Pattern: Channel Down on 1D. Signal: Bullish above 58.85, bearish below 53.55. Targets: 63.00 and 50.90 respectively.
Pattern: Channel Up on 1D. Signal: Bullish as the price hit the Higher Low. Target: 65.00 (median of the 1W Resistance Zone and a 16.60% extension from the Higher Low).
Pattern: Channel Up on 4H. Signal: Bullish as long as the 4H Support holds or the Golden Cross takes place. Target: 59.50 (mid term) 63.80 (long term).
I am not going to over analyze this. Just a little possibility that the pitch fan indicates. As long as the median provides Support (which was converted from a Resistance on the previous bullish leg) the 70.00 medium term target is possible. These indicators show that under those circumstances another +11% bullish sequence is certainly possible. I know it may...
Pattern: Inverse Head and Shoulders on 4H. Channel Up on 1D. Signal: Bearish after the Resistance (Double Top) rejection. Target: 58.40 (1st supporting line) 57.50 (1D Higher Low).
Pattern: Channel Down on 4H. Signal: Bearish after making a Lower High. Target: 55.00 (previous Low).