Detected Downward channel with possible ABCDE wave with price currently bounced off wave C zone and trading in a rising channel to the direction of wave D.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE GREEN: SELL TARGETS
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交易進行
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Potential Bearish Pennant detected which may take price to the bottom level of the falling wedge(Pink trendline) again before we have new set of bullish run.
交易進行
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交易進行
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交易結束:目標達成
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First target achieved, move stop loss to break even or like 2% profit and hold the trade for more profit. We just breakthrough strong resistance.