Surf within the current channel or breakout form it?

21 ก.พ. 2020

Will we breakout from this current channel or fail to do so?

If this fails, expect this stock to just move within the current channel.
I also show why 1.35 is the actual next resistance, should we break from this channel.

21 ก.พ. 2020

บันทึก

There is also a rising wedge pattern being formed. which is a bearish indicator on the 1M and 3M chart. So if we dont get enough buy volume, we could potentially break downwards in the short term.

24 ก.พ. 2020

บันทึก

Faced some resistance at 1.35 :D

25 ก.พ. 2020

บันทึก

Double top pattern formed at 1.35, hence the dip. Further dips coming.

First support is at the lower channel. If candlestick breaks past this. Expect further correction.

12 มี.ค. 2020

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

US index correction, is causing all high debt companies, including gold to correct