We need closes above 124.21 for the formation to be valid. Pay attention to the wedge resistance in the weekly time frame.
Although there is a cup-handle formation on the chart, let's look for closes above 14.57.
Although there is a bowl formation on the chart, let's look for a close above 11.39.
Although there is a double bottom formation on the chart, we need closes above 6.17. Pay attention to the wedge resistance on the weekly time frame.
In order for the formation to be valid, closing on the wedge indicator is a must. Pay attention to the wedge resistance in the weekly time frame.
Although there is a shoulder head shoulder formation on the chart, the targets are drawn according to Fibonacci.
Although there is an inverted shoulder head shoulder formation on the chart, the targets are determined according to Fibonacci.
Although there is an inverted shoulder head shoulder formation on the chart, the targets are determined according to Fibonacci.
There is price above the falling channel, let's look for a second close above this channel. Pay attention to the wedge resistance on the daily time frame.
Let's look for at least two closes above 0.64787.Targets are determined according to Fibonacci.
Although there is a cup-handle formation on the chart, let's look for closures where I indicated with X. If it breaks the daily falling trend, prices can gain momentum.
Prices seem to have pulled back by using the resistance they broke at the level of January 4, 2023 as a support point on January 19, 2023.
Although there is a double bottom formation on the chart, let's look for closures where I indicated with X.
The bowl formation is formed Let's look for closures where I specified with X.Targets are determined according to Fibonacci. Pay attention to the wedge resistance weekly.
The bowl formation is formed Let's look for closures where I specified with X.Targets are determined according to Fibonacci.