Panjang
Weakness in the downtrend #swingtrading
Chart Analysis confirms that a strong downtrend is in place and that the market prepare for a A-B-C retracement.
My forecast: Swing trading up +2.46 (+145%%) at $4.16 in 105 days with money management stops.
A bullish divergence indicates that bearish investor sentiment is too extreme, indicating weakness in the downtrend.
The patterns are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The trading strategy is based on the Elliott Wave, learn more here tradingview.com/elliott-waves/.
My forecast: Swing trading up +2.46 (+145%%) at $4.16 in 105 days with money management stops.
A bullish divergence indicates that bearish investor sentiment is too extreme, indicating weakness in the downtrend.
The patterns are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The trading strategy is based on the Elliott Wave, learn more here tradingview.com/elliott-waves/.
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.
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.