LVMH
Short
Updated

LVMH: Bearish according ICHIMOKU 714 is possible

421
LVMH is on a polarity zone

the price could go down to 714
confirmation with “Tenkan” (Weekly) and “Kijun” (Daily) thanks to ICHIMOKU

Then the market could go down to €685 (Doji), then rebound and go back up to find the gaps above

or 2nd scenario:

the market could rise and seek to increase the gap of 854
and complete the harmonic figure “BAT”

and go back down to the 714

an options strategy "purchase of PUT" is possible slightly on this position or wait for the gap of 854
Trade active
still valid !
Trade active
still valid!
Trade active
still valid!
Trade active
snapshot

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.