On the daily we have a typical inverse head and shoulders (blue) cup and handle (green) confluence. We are approaching a huge supply zone.
The confluence on this chart is uncanny, if you zoom out you will see.
Long to the grey target and the green target is if we break the massive symmetrical triangle.
Big buy coming up within the next couple days.
Kommentera
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A Nice Big 250 Pip move by EJ... First target reached. We will see how we go into next week I'm expecting this push to continue on the weekly.
Kommentera
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Target reached a second time, with a fractal head and shoulders forming we should expect this move to continue upward along the grey neckline until we eventually break out to the green target.