1. Right now its in my opinion were in a contracting triangle ready to meet the final target!
- We could have running flat where C is higher than A (most likely case)
- C is lower than A Expanded flat
- A and C double bottom regular flat
Infinity out!
- We could have running flat where C is higher than A (most likely case)
- C is lower than A Expanded flat
- A and C double bottom regular flat
Infinity out!
Trade closed: target reached
Target has been met now lets see if this an extended C from the contracting triangle (3-3-3-3-3)Note
Note
If your still short or deciding to short just watch out for the upper resistance boundary, but if it plays out correctly we could retrace to $5.40Note
Note
beware of the 6th of April if your still short then i would cover all my shorts we could see a spike in value
MACD is looking bullish on the 2hr too
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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.