epix83

epix83

The 'Cup & Handle' pattern is almost formed, After performing "Retracement" about 50% inside "Ushape" Price rising & falling accompanied by high "Volume" are forming a 'Handle'

epix83 Updated 

As you can see, when a trend is in place, price goes strong in one direction, than it corrects itself as the price starts to make higher highs (HH) and Lower Highs (LH) is an example of a uptrend, now another correction swing highs and wait for another impulsive swing low

epix83 Updated 

BDB is under Property Sector and this sector Just changing is cycle from down trend to up trend, Structure of the market is uptrend and has created ascending triangle pattern Last open is 0.555 and close bulls at 0.580 with marubozu candlestick price close above 21 MA, above 50 MA and 100 MA at accumulation phase

epix83

Assumption the market structure or behavior try to draw as a same cycle for a next coming day come into play. So we can learn from history.