Recurring bearish pattern identified. Short to the 1W support.

19 בספט׳ 2018

As seen on the chart there is a recurring Rectangle 1D pattern (4 times) that precedes every major bearish channel. At the moment DOGEUSD has completed one (RSI = 53.705, STOCH = 47.561, ADX = 46.563, MACD = 0.001, Highs/Lows = -0.0002, B/BP = -0.0005) and this neutrality should be channeled into bearish action soon. Our TP previously was 0.0045 but we will extend (if it is crossed) to 0.002321.