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Let’s not give up on all hope…yet!
Facts to work on:
– We’ve seen forming an almost symmetrical which was almost set up for breakout (but decided to fall…or whales decided 😀 )
– the green line is what I consider a readjusted base line for the triangle formation
– we are currently touching this line and we may as well see a bounce from this price level.
– I would also like to belive in a hammer reversal candle for yesterday’s close on daily, so let’s keep an eye on today’s price action and how we will close
* see the last hammer reversal candle from 14th August.
I am looking forward for other suggestions regarding possible upcoming price actions.
I’ll keep posting on this, since my entry was at the green dotted line level just a few days ago.
Published at Thu, 15 Nov 2018 17:04:46 +0000