After looking at the daily timeframe for quite sometime, I just noticed the possible Inverted Cup and Handle. Let's see how this forms
Note
s3.amazonaws.com/tradingview/snapshots/k/kiR6HcEL.png Updated the handle. As long as we don't violate the previous handle high then this pattern is still in play.Note
s3.amazonaws.com/tradingview/snapshots/d/DEeeWiGc.png Updated 2/22/2017Note
Handle near completion and daily support now being tested. Lets wait for a breakdown or rejectionTrade closed: target reached
Will post an updated version of the charr
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.