For now this is a speculative pattern as it has not reached the neckline and begun to form a handle, however it's an early opportunity for some awesome gains. Volume is beautifully rounding up as we've reached the end of ETC's accumulation.
I will be selling at neckline and buying upon confirmation of the bottom of a handle with a SL.
Thanks, Masta
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Volume was falling as we were consolidating on the daily in a equilibrium, and bulls are seeing a break right now. We will see if there is follow through. Following the cup arch quite nicely so far.
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ETC is shaping up beautifully. Look at that symmetrical cup forming. If I was speculating, I might say we'll see several days of green here 50% profits.