Thursday, May 15, 2014

Double Dragon (DD) - May 15, 2014

Technical View
Hourly Chart
DD made again another high today. There are two possible scenarios that might happen tomorrow (May 16, 2014).

First Scenario
It will continue to go up and might find resistance at 11.29 the Potential Reversal Zone of a Possible Bearish ABCD Harmonic Pattern.


















Second Scenario
It will  to go down and might find support at 7.97 the Potential Reversal Zone of a Possible Bullish Bat Harmonic Pattern.


















 #Caveat
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