Not financial advice
This is an update to my idea where I had it shorting to low .40c area now we are in our impulse stage.
So far has moved 250% from the low so a cool down to be expected.1.10 is key
Trade moving forward
See if 1.10 holds as support here to continue the parabolic move that tops at 3.67.
We are oversold big time on the weekly so a pullback to that 1.10 range to be expected
Look for double top at 2.05 area
This could complete the W and we start to trickle down into the "V" area of .33c-.55c
DYOR
Always practice patience
#PIK
Patience is Key
#TLAW
Think Like A Whale
This is an update to my idea where I had it shorting to low .40c area now we are in our impulse stage.
So far has moved 250% from the low so a cool down to be expected.1.10 is key
Trade moving forward
See if 1.10 holds as support here to continue the parabolic move that tops at 3.67.
We are oversold big time on the weekly so a pullback to that 1.10 range to be expected
Look for double top at 2.05 area
This could complete the W and we start to trickle down into the "V" area of .33c-.55c
DYOR
Always practice patience
#PIK
Patience is Key
#TLAW
Think Like A Whale
Dagangan aktif
2.16-2.62 is target an updated chart here once truly broken down clearly displays a 5 wave patternOn the daily.
The breakout area was .67c so applying fibs levels as 0 as .67c can give us some target ranges for this wave 5
Dagangan aktif
1.10 held as support only came back to 1.20Wave 3 target in tact before the retrace.
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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.