- India is a leading market to me and expect a retest of breakout zone next week - it will validate if a this is the top of more to go
price should able to backtest the breakout and as like in previous mega bull phrase, further high if the trendline hold ?
- Price retraced back to breakout point and trendline act as support - should support hold price might retest ATH or fall back to lower range
- speakerphone pattern and right at trendline - expected some bounce and price can attack higher untill further pattern evolve
- SPY uptrend still intact as long as it is hold ( 275ish ) - breakdown will see next support 270ish and 280 will be resistance in case of any rebound
- H&S pattern as predicted previous charts and now we landed at the trendline support - as long as this doesn't break a retest and expect price trading in btw ATH and the trendline untill clearer pattern evolve
trapped in range ~ measured move for both bull and bear are workable ... down channel vs wedge resistance ... who knows?
bull trap at wedge break and breakdown ... should the right shoulder in formation we might see deeper correction later?
- approaching channel top, similar to SPX/NDX/Shanghai composite ... very close to big inflection point so bull has to aware
- price need to take breath in order to go higher - monthly candle looks exhaustive and next dip could be bigger to shake out bull ?
- looks like a retest of previous breakout zone and megaphone pattern - could building bottom here and long term is bullish if it holds
- pretty bullish pattern into 2018, a ascending triangle/H&S bottom formation - price still in consolidation, as long as the neckline break will see a 200pt measured move, possible in 2018 ?
still in bearish wedge, so bear has to break it otherwise as long as the neckline hold, measured move to 92ish ?