Since Tri break, recent price analog/similar to Jun/Jul12 Flag (depending on where one drops the pole), pot signal next break higher w target; as ONO still acts/reacts w Fibs. I'd place it at target near 1.27 F price 3.64.
TRI notes indecision. EEM likes to flag and H&S prominent, now into the last 1/3 of tri, expect tell into measured move shortly. On deck, recent small H&S played to target confirming the triangle shape, sets-up into flag with target at 47 (if) triangle breaks up and break holds. With Fed action confirming, watch $dxy, stronger dollar past year has hurt emerging...
Updated chart (ST post) with 10 bar timing delay, strong move on volume means higher.
Large Tri on Week just about ready for tell, bottom of PF Range, inside LT .23 to 0.5 Fib Range, 100 over 200 &200 wk ma rounding up.
LT Fibs indicate support zone, LT Price support here, H&S target in zone.. everyone hates the miners, on a well defined stop zone. Watching for entry.
20 x 50 wk & turned-up; rounded bottom and/or C&H patterns in play; obv, rsi & fisher aligning, going through 3.85 test sets-up 6.46.
In Triangle, test of 20 x 50dma cross w 200 below, triangle says indecision watch price breaks over 2.12 and below 1.85 for clues.
On watch, pretty strong fib relationships in the retrace, next move could point the direction, potential reversal setting up.
High & tight with tilt ... target, takes us back to June.
PACB Tilted C&H & Inv H&S & Gap-Fill, Longs, Short Term 1st Gap to 5.25, Next ~C&H & Inv H&S Target @ 11
Looks like the trade Wed was long at the open with stop just under 9 (good risk reward over bullish T-holiday w conference pres nxt week; which I missed with no pattern confirmation e.g., was the H&S & down channel going to play out to target under 8, previous HIMX Pattern chart from Tuesday... where's the next entry?). HIMX volatility means one has to be right...
clean abc's on the x-pattern, reversal on chart support channel, rsi, mf, macd turning, news expected.. believe dss is heating up.