Here's one for next week's watchlist, at the monthly lows and possibly all time lows but with three pins down into the low which in the charting world means prepare for an imminent reversal. 29M 0.485 Monday they pushed lower and consolidated across from the body of the candle Tuesday they put in a peak formation low when they tried to break out and failed then consolidated across from candle body. Wednesday the pushed higher for three candles then consolidated across from the top candle's body Thursday they again pinned down into the peak formation low to test for support for the second time in the week and drifted sideways. Friday pulled back to pin in another peak formation low at the low of the month for the third time in the week which confirms that a reversal is imminent. The moving averages are coiling at the significant lows. 29 M 0.485 hourly chart
