Wink has retraced for the last 11days, after hitting an all time high on the 6th of April.
If my triangle is correct it has done a fake out of the downward trend, re-entered into the triangle (right at the tip)
and has made a second attempt. The next red candle not finished, looks to be a retest of that trend.
It is above all emas, current price, hasn't dropped past the 0.618 fibs much.
On the daily it looks like a bull flag.
If we get some strength here, this hopefully gives us another run to the upside.
If it fails here and breaks the 0.618 - we probably retest the 200ema / 0.786fib range.
Happy trading everyone!
If my triangle is correct it has done a fake out of the downward trend, re-entered into the triangle (right at the tip)
and has made a second attempt. The next red candle not finished, looks to be a retest of that trend.
It is above all emas, current price, hasn't dropped past the 0.618 fibs much.
On the daily it looks like a bull flag.
If we get some strength here, this hopefully gives us another run to the upside.
If it fails here and breaks the 0.618 - we probably retest the 200ema / 0.786fib range.
Happy trading everyone!
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.