1.There is a cup and handle pattern( I don't rely so much on harmonic patterns or any kind of pattern,but it's happened here so obvious) 2. Prices touched resistance area successfully and couldn't go higher. 3.There is a lower high and lower low. 4.One of the bullish trend line is broken,and prices act on it as resistance(It makes so much better odd s to go...
1.Daily and higher timeframes are down trend. 2.Prices get to the resistance area and create some tensions, but they couldn't break it and makes some higher lows. 3.Bullish support trend line is broken,and Bearish support trend line has been touched. 4.Prices tried pullback to resistance area, and they did it successfully. TP levels are better based on round...
Three unsuccessful touches to lower bound and one false low. Price possibly go high as 76.400 to test technical ceiling test.
Price didn't close under two strong uptrend line, so it has potential to go high and reach higher zone.