Hi Ladies and Gents,
There have been some big drops these past few days and there needs to be a breather soon. Luckily I managed to identify a falling wedge pattern for myself so that I don't scream doom and gloom so soon. So I'll be waiting for a break of the upper resistance before taking a little long for a while until the right shoulder forms on my previous idea.
Just a little update on my previous Head and Shoulders idea, the shape of the neckline is now slanted so I'll just be taking a retracement from the top of the head to the bottom now and make sure that the price doesn't cross the 0.5 retracement for the H&S to still be valid.
Cheers folk!
There have been some big drops these past few days and there needs to be a breather soon. Luckily I managed to identify a falling wedge pattern for myself so that I don't scream doom and gloom so soon. So I'll be waiting for a break of the upper resistance before taking a little long for a while until the right shoulder forms on my previous idea.
Just a little update on my previous Head and Shoulders idea, the shape of the neckline is now slanted so I'll just be taking a retracement from the top of the head to the bottom now and make sure that the price doesn't cross the 0.5 retracement for the H&S to still be valid.
Cheers folk!
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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.
Penerbitan berkaitan
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.