a short retracement also has the potential to be the source of a move that creates a new high. I bet on that. I also like the idea that the price falls back to the previous high, it would be a more attractive business
This upward trend is very harmonic , and has no obstacles to continuity, it is prudent to expect a regression to the center of the oscillation
I would expect the price to rise to 10.73 to start considering an entry into the continuation of the downtrend. Meanwhile it only remains to observe
This upward trend is very harmonic, and has no obstacles to continuity, it is prudent to expect a regression to the center of the oscillation
At the moment the price is reaching the level with force. I will wait for a dissipation of that force and a sufficient accumulation of orders to then seek the buy
It is necessary to wait for the price to fall back to look for an entry or wait for the price to break the high forcefully and then look for a new scenario to continue the upward trend
It would be more conservative to wait for the price to break the high and then back down to enter with low risk. He has good potential and tremendous drive.
Although it is true that the price comes from falling strongly, it is also true that the force that caused it to fall has already dissipated, confirmed with the second upward movement that breaks the top of the downtrend again.
The expansion is magnificent, a 50% decline already gives an attractive business with the possibility of breaking highs, it is a great value
THIS stock is in a resistance right now, the price reaction in this resistance will depend on the continuity of this emerging trend
These are the moments when many who want to sell are caught to burst their stop losses by continuing to rise
Now that the price is coming out of a compression it would not be unusual for the retracement to be short and continue to climb to the next level of the daily structure.
any movement above the top of the downtrend is attractive where it is above the macro level
Great momentum up now we just have to wait for it to reach a level of structure and an interesting turn for a purchase
Clear uptrend It only remains to wait for it to fall back to its level of structure and an attractive turn to look for a purchase
Waiting for upward continuity with the structure When I arrive at the decision frontier, I will demand a clear turn of the micro cycle of arrival at the level
Waiting for the downward inflection If the price reaches the decision frontier and cannot regain strength to try to go up, then an interesting downward opportunity will open.