MannyKaye

MannyKaye

Tex book inverted head and shoulders pattern on Rio. Strong close on a Friday with increased volume. Implied target is $159.82

MannyKaye

Break of support hear could open the door for a test of 1.40

MannyKaye

If support here gives way we could see a fast move towards $2.10 and get to the demand zone where the initial impulsive move higher began

MannyKaye

Huge monthly descending triangle developing in platinum.

MannyKaye

A possible head and shoulders pattern may be forming on Bitcoin. Short term if Bitcoin gets to 9300 and the level holds then the likelihood of a Head and Shoulders pattern completing becomes greater. We still have to contend with the upper sloping neckline which is typically less reliable than a pattern with a flat or downward sloping neckline. However, if we...