Bullish Channel Down Pattern - Elliott wave forecast
Forecast Summary
Target Level 1.97
Target Period 73 days
Stop Level 1.8750
Analysis
Channel Down identified at 01-Feb-2014. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.97 within the next 73 days.
Resistance Levels
0.25 fibonacci
Support Levels
0.618 fibonacci
Target Level 1.97
Target Period 73 days
Stop Level 1.8750
Analysis
Channel Down identified at 01-Feb-2014. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.97 within the next 73 days.
Resistance Levels
0.25 fibonacci
Support Levels
0.618 fibonacci