―---------- = Head and shoulders pattern = break an uptrend = If the uptrend breaks (blue), it targets the neckline = If the neckline is broken, target = 1776 = 1754 = 1750 = Sell fails if it exceeds 1774 and turns buy = My personal opinion is falling
I do not see any real technical analysis for him, but I will write a personal opinion .... just an opinion ......................... First = I see that it will continue to rise in general to 0.599182 ___ 0.65484995. Secondly = it may drop to (0.5 Fibonacci) .0.48091179 and then return to the same targets
= Inside a major bullish price channel (the general trend is up) = Inside a descending sub-channel = Regression to 0.38 Fibonacci - Level 131.318 = 131.318 BUY AREA, TARGET: 1) -131.709 2) -132.157 = The break of Fibonacci level 0.5 131.00 failed to buy, entering into strong selling. But this is a very low possibility
Inside a descending price line, it forms an inverted head and shoulders pattern. If it continues forming the pattern, it will fall to 1.18632, then it will rise again. And when the neckline is breached, its targets will be 1.21211 - 1.21666 - 1.22047.
1 - An upside transcend a downtrend. 2- It is at the end of the inverted head and shoulders model. His purchasing goals are: 0.87746 0.88054 0.88222 0.88562 0.88885 0.89126 0.89225 Note: its rise continues as long as 0.86675 is not broken ________________ Personal opinion: Better to buy, and this is more certain when it crosses the neckline of the head and...
= In the eighth stage of the Wyckoff conjugation - subsidence Breaking 53500 Sell To: -51385 -48163 -45445 -44035 -40813 = Level 57735 Exceeded, Buy To -61051 -63669 = Personal opinion: Sell hard
Analysis failed, Change to buying. Stop loss 1789, target 1812-1821
- A daily chart ... inside a major bearish price channel. - The four hour chart ... inside a sub-rising price channel. --chart1 hour .. in the eighth and final phase of the Wyckoff conjugation. --------- Sell to: - 1783 --- 1770, then a bullish correction. Break 1766 = 1761-1752 ----- Landing fails if it exceeds the 1793 level
= Bypassing the descending channel at 0.312246 (red) = Inside the price channel Currently bullish (black) = Highest bullish trend (green) = Three Purchase Targets: (Green Section) = 0.386355 = 0.413762 = 0.435996 = Buying fails if it breaks 0.343376 and turns into selling, targeting 0.312246
----- = Inside a strongly falling price channel = Prospects for buying: ----- Targeting 0.024179, then descending ---- Targeting 0.024422, then a drop ---- Exceeded 0.024422 targets 0.025533 = Prospects of selling ---- Break 0.023736 targets 0.022660
-------- = Inside a bullish price channel on the hourly chart = Head and shoulders on a daily chart = If the breaker is 1.20087, the price channel will be broken, and his selling targets will be = 1.19553 = 1.19282 = Sell will fail if it exceeds 1.20402
Forming a head and shoulders pattern, and the targets so far are: 1.9542 1.19061 1.18260
First : He breached a downtrend Second : According to Wyckoff, he is at the end of the consolidation phase and is preparing to launch to the ascending stage, with the next goals 1.40113 - 1.42411 - 1.46155 - 1.56908. Third : If it breaks 1.34834, then its target is 1.25236, and this scenario is very weak and its true strength is to rise.