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The right shoulder is finishing it's formation as I suspected from my last chart.
Squatches are big eaters like me and nothing better than a Double Combo. VERY SATISFYING!
Good risk reward long here because wave 4 can not go below end of wave 1 at 1.29875.
EWO not showing much divergence yet, therefore wave 5 likely not completed.
RSI strong oversold.
Target is end of 5th wave in bullish impulse pattern to W5, (C), (Y), (red) B.
Then we short to 1.2000 zone.
not click like or respond become Squatch food.
The right shoulder is finishing it's formation as I suspected from my last chart.
Squatches are big eaters like me and nothing better than a Double Combo. VERY SATISFYING!
Good risk reward long here because wave 4 can not go below end of wave 1 at 1.29875.
EWO not showing much divergence yet, therefore wave 5 likely not completed.
RSI strong oversold.
Target is end of 5th wave in bullish impulse pattern to W5, (C), (Y), (red) B.
Then we short to 1.2000 zone.
Nota
Upon review I am moving stop W 1 top to 1.2902. So above mention of 1.29875is invalid at this point. Still a great long opportunity at this risk.
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.