1. Since May 2018 till now, 
BIDUhas experienced 4 "W" pattern, but the former 3 all FAILED!
2. yesterday, its 4th W pattern's right wing almost touched the resistance line again!
3. more importantly, yesterday's candlestick is a Doji Star, which reprecents a incoming reverse!
4. Also, it stands on another resistance line since 29 Oct., strong pressure is ahead.
So, SHORT!
Now that, the target?
1. According to the former 3 W pattern, the bottom of the former W pattern always stands between the 0.5-0.618 area in Fib retracement whose top is the right-wing of W and the bottom is the retracement target.
2. So, this time, the target would be set between 143.52 - 138.05.
3. the lost-win Ratio is between 3.39-4.11
BIDUhas experienced 4 "W" pattern, but the former 3 all FAILED!2. yesterday, its 4th W pattern's right wing almost touched the resistance line again!
3. more importantly, yesterday's candlestick is a Doji Star, which reprecents a incoming reverse!
4. Also, it stands on another resistance line since 29 Oct., strong pressure is ahead.
So, SHORT!
Now that, the target?
1. According to the former 3 W pattern, the bottom of the former W pattern always stands between the 0.5-0.618 area in Fib retracement whose top is the right-wing of W and the bottom is the retracement target.
2. So, this time, the target would be set between 143.52 - 138.05.
3. the lost-win Ratio is between 3.39-4.11
Dagangan ditutup secara manual
Stopped out!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.