teyoprise

teyoprise

Whats going to be next. We could bounce of here to the bottom line of the upchannel. Or we could make a cup if it leaves the upchannel in waves. DonQ

teyoprise

i think we could drop here first

teyoprise

Does history repeat itself ?

teyoprise

In my previous post, i wrote about a possible H+S forming. Still it can form a gigantic right shoulder. But Momentum and accumulation could lean us to a small inverse H+S which could give us enough steam to breach the Big Downtrend line from 19K. Still we need very big Volume there.

teyoprise

I think the right shoulder is forming and we could get double top to complete the H+S. Targets are the blue circles

teyoprise Updated 

Given the size of its head, It could drop to 9770 which is also a FIB level. From there we could have a short bounce back to 10k