Technical pattern ABCD Analysis forged with FIB reversal trend pattern 82 (87.77%) LONG.
Pattern appears in a downtrend and warns that the trend will change.
Bullish Gravestone Doji identified, on watch.
Short Hold over-weekend.
ABCD Analysis- Bullish
Forecast - Success rate 100%
P/L Analysis: Low risk High reward
Overall long term Bullish!
ABCD Analysis & Forecast projections shows high rate success for long term.
Bullish channel trend process of being broken.
sign that the bottom in yields
Long : Breaks/Holds res 22.58
Short: Breaks 19.5 Supp
Channel trend is clearly bearish with higher lows in the process of being formed.
trading around support, can this go lower?
Breakout on daily, then weekly. Backtest and strong bounce off long term weekly trendline