Forum members Tied a knot in the scanties on the weekend...Now its being used in the wedgie..blimey that smarts....
here is the descending(highs) triangle sitting on a fibline base.. waiting for a breakout.. with the Gap below the odds are it will be a bearish move..As others have said the next support is the 38c fib when the gap is filled.
This pattern can reverse with an inverted flag but will need to close higher for a few days for this to happen imo..
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held