Double tops and Double bottoms
WMWMW is all I see when looking at this symmetrical triangle, all centered around $1.03. (However, if you take those wicks into account it is an ascending triangle with the top at $1.19) I'm expecting a nice bounce off that center line and a rally up to $1.12 overnight and then bloody Sunday will do it's thing and we'll drop to $.98 for most of the day.
The surprise will be on March 1st – Will we see the breakout we've been waiting for? Or will it drop down again and start doing another sideways triangle around $.85?
Tune in next time for the thrilling conclusion!
The surprise will be on March 1st – Will we see the breakout we've been waiting for? Or will it drop down again and start doing another sideways triangle around $.85?
Tune in next time for the thrilling conclusion!
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