Potential AB=CD pattern, but 0.886 level (50) is hard to pass.
So there are 2 possible scenarios
1. Purple. Complete AB=CD pattern, tgt @ 54.94
2. Purple & Green. Px failure, and could drop to test the hagopian line.
On weekly chart, there's a potential IHS pattern waiting for confirmation.
So there are 2 possible scenarios
1. Purple. Complete AB=CD pattern, tgt @ 54.94
2. Purple & Green. Px failure, and could drop to test the hagopian line.
On weekly chart, there's a potential IHS pattern waiting for confirmation.
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