Luckyguy

Luckyguy

Head and Shoulder pattern observed which can lead to 10-15% dump. Ascending Channel observed. Breakout of Resistance Line at 1.75 is SL. Reversal confirmation at lower line of channel is 1st TP. Resistance Line at 1.60 will act as 2nd TP if Reversal Confirmed. If Resistance line at 1.60 breaks down then 3rd TP at 1.5.

Luckyguy Updated 

Ascending Channel observed. Breakdown of channel is SL. Reversal confirmation at upper line of channel is TP. Strong Resistance at 1.67 can also act as TP if Reversal Confirmed. If upper line breaks out then TP at 1.75. Double bottom pattern observed which can lead to 10-15% pump.