ACH Reversal Triangle

30 Mar 2023

I think ACH has formed a reversal triangle on the week view. The measured move takes us roughly right back to the trend line where it found support in December. I think the price will end up between .007 and .005. Keep in mind it won't be one candle straight down to that area. This will take time, potentially months to get down there, but that is where I will be looking to buy.