Merck (January 2021+)
Low: $41
High: $140
I expect this could be very wrong but I think its still good practice to try and look at major trends before looking at sub-waves.
To me it looks like either some sort of giant H&S at the moment or could turn into a channel as well.
Related idea has my short term 2021 forecast attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $41
High: $140
I expect this could be very wrong but I think its still good practice to try and look at major trends before looking at sub-waves.
To me it looks like either some sort of giant H&S at the moment or could turn into a channel as well.
Related idea has my short term 2021 forecast attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
