Pg 579, Rectangle Tops

This one is from the book (Encylcopedia of Chart Patterns). Ok, my very best second friend after Elliot wave principle has worken really good during last trades. I think this one breaking upwards continuing the channel above the yellow line. So returning to the book, we have 57% after trend ends and 63% meeting target price, again sounds good for me. For this one, EP 2.71 TP1 2.8 TP2 2.87 SL 2.68

Penafian