Purely Technical analysis, there is a clear classic wyckoff accumulation pattern resembling an inverted HnS or cup and handle.
Using PnF, i have calculated conservative and aggressive TPs.
PnF = 24x0.01x3
= 0.72
TP consv= 0.20 + 0.72(50%)
= 0.56
TP aggrsv= 0.20 + 0.72
= 0.92
will the history of 2014 repeat itself forming shark fin pattern?
Using PnF, i have calculated conservative and aggressive TPs.
= 0.72
TP consv= 0.20 + 0.72(50%)
= 0.56
TP aggrsv= 0.20 + 0.72
= 0.92
will the history of 2014 repeat itself forming shark fin pattern?
As long as the price doesnt break below 225/230, LPS still intact