CUP AND HANDLE PTTERN SHORT

٣ ديسمبر ٢٠٢٠

PRICE HAS HIT A KEY RESISTANCE ON THE DAILY.POSSILY FORMING A CUP AND HANDLE PATTERN WITHIN THIS UPTREND. IM LOOKING FOR A 70 PIP TP TO THE 23% FIBB LEVEL WITH A 20 PIP STOP.ENJOY AND LET ME KNOW YOUR THOUGHTS ON THIS IDEA :)

٣ ديسمبر ٢٠٢٠

ملاحظة

WILL BE LOOKING TO BUY AFTER THE RETEST OF THE HANDLE

٤ ديسمبر ٢٠٢٠

ملاحظة

Price Testing the 50 Fibbonacci level Still good area to Short.

٤ ديسمبر ٢٠٢٠

ملاحظة

Price closed under .618 Fibb level. Holding

٧ ديسمبر ٢٠٢٠

ملاحظة

PRICE WENT IN INTENDED DIRECTION FOR SOME PROFIT,BUT CUP AND HANDLE WAS INCOMPLETE. IN SPECULATION IT WAS DUE TO W PATTERN THAT HAD ALREADY FORMED AT THE BOTTOM OF THE MOVE.

٧ ديسمبر ٢٠٢٠

ملاحظة

TIP:THE BIGGER THE TIMEFRAME THE MORE ACCURATE THE MOVE.