This is a classic diamond top reversal pattern. As we have now closed the Feb gap we start to go down finally. We will then bounce around within the diamond before finally heading down to our Buy Zone which is measured by subtracting the height of the diamond from the estimated break down point.
Amazingly this point coincides with the green long term support line formed by the support created at the bottom of BOTH the 87 and 2008/09 Market Crashes; AS WELL as the green dashed resistance turned support of the Dot Com and 2008 Market tops!!!
Amazingly this point coincides with the green long term support line formed by the support created at the bottom of BOTH the 87 and 2008/09 Market Crashes; AS WELL as the green dashed resistance turned support of the Dot Com and 2008 Market tops!!!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.