PENSONI IN HARMONIC PATTERNConsider to study and monitor Pensoni's current daily chart which resembles that of a Bullish Butterfly Harmonic Pattern where the price above Point D is deemed as the Potential Reversal Zone. The probable EP is 0.600 which is the pivot point, the probable minimum TP is 0.730, which is below Point C and also a monthly resistance and the probable CL is 0.535 which is below Point D and 52-week low. Critical resistance is 0.680 which is a yearly pivot.
This is not an investment or trade call but for study and sharing purposes only. Trade at your own risk.
