AGLD / TetherUS
Long
Updated

Adventure Gold (AGLD) - Cup and Handle

2895
** Near term forecast, days ahead **

On the above weekly chart price action has corrected 70% since early summer. A number of reasons now exist to consider a long position. They include:

1) Price action and RSI resistance breakouts.

2) Support confirmation on past resistance.

3) Cup and Handle pattern confirmation with 100% forecast.

Is it possible price action continue to correct? Sure.
Is it probable? No.

Ww
Trade active
Trade closed: target reached
120% forecast accomplished in 25 days.

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