CUP AND HANDLE PTTERN SHORT

3 Ara 2020

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 :)

3 Ara 2020

Not

WILL BE LOOKING TO BUY AFTER THE RETEST OF THE HANDLE

4 Ara 2020

Not

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

4 Ara 2020

Not

Price closed under .618 Fibb level. Holding

7 Ara 2020

Not

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.

7 Ara 2020

Not

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