In LT, HHHL + Y1<Y2 = it is a strong uptrend
It should make a reversal up if pass W&R line @ 89.17
X2 haven’t appeared yet
In ST, HHLL = sideway. It may not break previous high as no reversal signals yet
It should make a reversal up if pass W&R line @ 89.17
X2 haven’t appeared yet
In ST, HHLL = sideway. It may not break previous high as no reversal signals yet
Trade active
W&R criteria 1strong Pat A at support
next few bars are the crucial ones. it will determine if W&R can be succeeded, or make a LHLL.
TP @ 109.22
SL @ 76.09
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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.