Recent break out from symmetrical triangle failed and broke through the floor.
The price bounced around 8.9% area after break down. Hence hope for single bust symmetrical triangle pattern.
The validation point - $7.95
The target - $9.18
Stop loss - below $7
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
The price bounced around 8.9% area after break down. Hence hope for single bust symmetrical triangle pattern.
The validation point - $7.95
The target - $9.18
Stop loss - below $7
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.