Multiple zigzags, zero pivots, dropping momentums, not yet oversold. Ample evidence for more moves down. I have premade this chart around 24 hours ago, and it has not flipped. I always say this, and I will say it again, nothing I say is financial advice. Think for yourselves! Fibonacci goals in green or purple, invalidation is in red. Fractals never lie and...
I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 61%
TARGET (EXIT) PRICE = 0.195402 CAD
BREAKOUT (ENTRY) PRICE = 0.194917 CAD
DISTANCE TO TARGET PRICE = 0.30% (5.8 pips)
EMERGED ON = Sep 16, 02:00 PM (UTC)
CONFIRMED ON = Sep 16, 03:50 PM (UTC)
WITH CONFIDENCE LEVEL = 71%
The Three Rising Valleys pattern...
Hi ,, we breck down the bullish trend line since 2008
we expecting now a disinflationary pressures and slowdown in the chinese economy , and if we hit this target and breck it down we gonna see the real down trend to every emerging market ..