Since I last posted a lot happen with BQX.
In my last post I said that BQX is at a major resistance line after breaking out of a cup and handle pattern.
After that cup and handle patter we enter in a big bullish triangle pattern, that formed another one inside:
And it's no coincidence that if we measure the target prices of these lines they are almost exact at Fibb mathematical lines that were set up from the beginning.
First one is around 1.40 $ were the all time high was.
Second is at 1.80 $.
I am still expecting a higher low and then see ya at 1.40 $ for sure.
For those interested in Elliot Wave counting this is my current count:
All the best,
ennNzai
Legal: No trading advice for you, only educational.
Congratulations @ennnzai! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit