Dear fellow traders,
As you can see on my chart my overbullish eye spotted a pattern that could bring us back to 10k.
A: 29 june = 14 August (hit the green line, bottom of downtrend line)
B. 9 july = 5 september (0.236 fib - 0.382 fib, top downtrend line)
C. 13 july = 10 september (triangle - breakout)
D. 25 july = ? 10k (0.618fib - 1 fib)
We are still in a downtrend and we recently got rejected violently with a attempt to breakout. But it looks like we made a higher low just like the pattern medio july. Yesterday we broke out the blue triangle.
If this pattern plays out, we should hit 7400 very soon and from there I see a bright future at 10k.
Another possibility is that this just a fake out and we go back to 5700 - 5800.
As you can see on my chart my overbullish eye spotted a pattern that could bring us back to 10k.
A: 29 june = 14 August (hit the green line, bottom of downtrend line)
B. 9 july = 5 september (0.236 fib - 0.382 fib, top downtrend line)
C. 13 july = 10 september (triangle - breakout)
D. 25 july = ? 10k (0.618fib - 1 fib)
We are still in a downtrend and we recently got rejected violently with a attempt to breakout. But it looks like we made a higher low just like the pattern medio july. Yesterday we broke out the blue triangle.
If this pattern plays out, we should hit 7400 very soon and from there I see a bright future at 10k.
Another possibility is that this just a fake out and we go back to 5700 - 5800.
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.