Price action and chart pattern trading
> Elliott Wave downtrend projection with an ending diagonal pattern - possible breakout with one more final downtrend wave C minor
> Potential reversal @ SMA50 breakout of local trend correction wave and confirmed trend reversal once breakout of Elliott channel of global trend
> Indicator: MACD bullish divergence signal
> Target Price sma200
Always trade with affordable risk and respect your stoploss
> Elliott Wave downtrend projection with an ending diagonal pattern - possible breakout with one more final downtrend wave C minor
> Potential reversal @ SMA50 breakout of local trend correction wave and confirmed trend reversal once breakout of Elliott channel of global trend
> Indicator: MACD bullish divergence signal
> Target Price sma200
Always trade with affordable risk and respect your stoploss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.