More down motion from this pair also. downward spirals forming now. Fibonacci extension gives me three goals in purple, and invalidation is in red as per usual. Remember, this is not financial advice - your decisions are your own.
STATUS = Confirmed
CURRENT CONFIDENC = 61%
TARGET (EXIT) PRICE = 1.103420 HKD
BREAKOUT (ENTRY) PRICE = 1.106875 HKD
DISTANCE TO TARGET PRICE = 0.35% (39.2 pips)
EMERGED ON Jul 21, 12:00 PM (UTC)
CONFIRMED ON Jul 22, 07:37 AM (UTC)
WITH CONFIDENCE LEVEL = 72%
I found this pattern at tickeron website with the following data:
The Triple Tops pattern appears when...
more inflation. more corruption. more instability. consider why these protests are happening? consider why a goverment may use inflation as a weapon to suppress..
