CZKPLN hourly - symmetric triangle in formation?

١٦ يناير ٢٠١٦

On hourly chart of this exotic pair, we see the last green candle wicks did not manage to pass over a descending trend. This slope has the same magnitude as the slope from the bottom of the candles before the jump of Friday. These two lines form a symmetric triangle where the PA may evolve for a day or two. In case of breakthrough of the upper side of the triangle, the price may head towards some higher Fibo levels (> 1).

١٨ يناير ٢٠١٦

ملاحظة

Will it bounce against the intersection of my trend lines?

١٩ يناير ٢٠١٦

ملاحظة

No, definitely flat.