88E Charts

88E London 23/2/2017 -  after 2 months of consolidation, 88E broke out of the flag pattern (which is a possibility of Elliott Wave 2 that retreats 61.8% of EW 1), if it confirms in the next few sessions to hold above 2.60, we should see a big trend up the next few weeks! This could possibly challenge, or at least to get close to, the previous high of 4.20.

88E Australia 24/2/2017 - if it closes and stays above 0.042 the next few sessions, we have a breakout of the large triangle pattern formed during last 12 months! The triangle pattern breakout has a target of 0.09, put into consideration of previous high of 0.08 (strong resistance), it is highly likely that, at least, it is going to move towards 0.07-0.08 area.

If 88E has a successful IW2, the chart patterns shows some big big upside targets that I can see from the current charts but I need to see some more chart patterns in the future to confirm those big targets.

Have fun 88E.