We have a W pattern finishing up in the beginning of the Ny session after the false move out of Asian box.
After some consolidation we broke through and created A W pattern outside of asian session forming each legs on multi session.
Each Bull run happened after a consolidation phase which happened in the form of a triangle. We have waited a long time inside the triangle. I think its slowly breaking to the upside. Once we have a clear break. I think the next stop is around 15$ to 20$. We are entering the adoption phase. Things are gong to be NUTS!
We have a nice descending triangle after a quick surge. There is a high chance of breaking this triangle and continue to rise. We just have to see how it plays out.
We all were waiting for this triangle breakout and we finally made it. For now the initial target would be 60cents. Enjoy the ride folks.
M shaped pattern with the trend. We got the golden cross of the ema. Look at the peak formation high and a fall. 2nd leg of M gave rail road tracks.
We had the trapped volume in asia showing a nice accumulation phase and market makers broke the box and pushed the market down and within one candle back to the mean showing signs of reversal. Also we have higher highs forming from previous days showing that its in an uptrend.
Accumulation phase in asia then aggressive false move down and created a W pattern. Expecting the 2nd leg to happen in NY session then rise.