Long
SRNE: short term update. Possible correction just ahead.
On the 15 minute chart from today you see a little triangle. If price jumps up out of this it may well go to the next resistance line at .618 around 17.30. This is at the mid line of the channel which can also sometimes act as a resistance point. IFFFF my EWT count is correct we may get a 3rd wave consolidation after this or possible this could be a top. So watch for a possible reversal candle pattern or up line break in the next couple of days.
All predictions are just a guess. So:Process your way.
All predictions are just a guess. So:Process your way.
Note
Trade closed: target reached
Current target hit. Partial position sold.
Related publications
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.
Related publications
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.