Ok so it’s bounced off 61.5 well more than a hundred times since Sept. 6.
Support.
If the market runs on Monday - and I think it will - 61.5 could hopefully establish itself as the main Long Term support price.
It would Signify an excellent milestone.
@cueball147
- Daily Chart below.
I’ve got my chart set geometrically, however you can see my two black base lines
(forming a V)
and if the price continues to track this
Diamond Formation then your projection will too.
So far so good, we are bouncing up at the right places and the pointy end of the wedge is nigh (so according to my it’s it is due to offer us convincing direction by October 6th at the latest) .
Essentially we’ve plotted a similar path of growth and mine has a bit of a deadline.
Fingers crossed.
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