Possible Right Triangle Breakout

2018年8月1日

Currently the price is oscillating between a descending resistance and bottom support that consists of the EMA 50 and Historical Support/Resistance. Pending the downward breakout there could be a bounce off the EMA200 and a retest of the EMA50/Historical Level before a drop to the blue historical level. There is a slight possibility of an upward breakout, but it does not seem likely.

2018年8月2日

註釋

Watching for retest of purple resistance as support, if it holds, trade open with target at 9.58