Planning to scale in now into my long term position trade on QBE
1 year corrective pattern is now complete and earning release is on the 11th August which could be a catalyst
My first buy was around $8.00, so looking to add to a winner with a complex elliot wave pattern now complete
I'm not an elliott guy - so go gentle ellioticians, but i think the structure is pretty clear that this sideways move is now near completion
Given that the monthly chart is retesting a super long term triangle breakout I have more confidence that this is near the start of a trend
Learnt this a long time ago and glad it stuck!
1 year corrective pattern is now complete and earning release is on the 11th August which could be a catalyst
My first buy was around $8.00, so looking to add to a winner with a complex elliot wave pattern now complete
I'm not an elliott guy - so go gentle ellioticians, but i think the structure is pretty clear that this sideways move is now near completion
Given that the monthly chart is retesting a super long term triangle breakout I have more confidence that this is near the start of a trend
Learnt this a long time ago and glad it stuck!
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.