Staying below 371 - 10 DMA - it would be a breakdown of an Inverted C&H pattern - targets as low as 340 levels.
Moving past 371 and an EOD close above it would take it to 380 levels and above - failing the inverted C&H pattern.
Showing posts with label inverse Cup with Handle. Show all posts
Showing posts with label inverse Cup with Handle. Show all posts
Tuesday, 7 January 2014
Wednesday, 26 September 2012
Probable Fast fall set up in 5min BNF
Probable Fast Fall setup with Inverse Cup with Handle/Desending triangle Breakdown at 11340.
Invalidation of the Inv Cup handle Pattern is above 11500
Negation Point of Fast Rise is above 11430
Negation Point of Fast Rise is above 11430
The probabale target as per the pattern is around 11200 - 11150 levels
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