Potential iC&H to 6.5k

Jul 24, 2019

inverted Cup and Handle
- structure looks real
- messy but descending volume profile

Oscillators
- RSI = 49, plenty of room for down
- MACD = flipping red soon for the first time since Jan

Target = 7.7k - 6.5k
- support at previous local high and local low likely, 8.8k and 7.7k, respectively
- yearly Pivot = 8k
- large support volume node at 6.5k

If real, will likely unfold throughout Q3 and be over by Oct 1st

Jul 24, 2019

Note

price below cloud, < 8.8k, would support the bearish moves as well

Jul 24, 2019

Note

4h 50/200EMAs bear for the first time since Feb

potential falling wedge that can reverse around 8.8

Jul 24, 2019

Note

Jul 26, 2019

Note

bearish e2e triggered here as well

TP = 8750

Jul 30, 2019

Note

FW w/bullish bias but no volume on breakout thus far

Jul 30, 2019

Note

Jul 30, 2019

Note

this is still my overarching viewpoint

waiting on a support break of Cloud + PF ML to seal the deal

Aug 4, 2019

Order cancelled

never fell below cloud on the daily, nor broke horizontal of Cup

instead we get A&E