On the 6H a BARR formation (Bump & Run Reversal)
A sideways price action [the lead-in] followed by a sharp drop [the bump] which then sets course towards the Lead in line. When the price breaks the Lead-in line it is desirable to spot a re-test to make the RUN... Target red box around $18
it looks like a bounce on the previous support line was there in case of losing that support i be looking at the 2 blue boxes. The Elliot Wave is included in this and I assume we are in wave 4 yes these blue boxes also fall within the margin of the wave 4 fibs, and together with the support lines based on the swing points could therefore be a solution.
Then the following... which is the MA200 which coincides with the "old support line" see story above. and the lowest blue box currently coincides with the MA50.
Keep calm, do your own research, trade safe and manage your risk.
(Disclaimer: This is not financial advice)
A sideways price action [the lead-in] followed by a sharp drop [the bump] which then sets course towards the Lead in line. When the price breaks the Lead-in line it is desirable to spot a re-test to make the RUN... Target red box around $18
it looks like a bounce on the previous support line was there in case of losing that support i be looking at the 2 blue boxes. The Elliot Wave is included in this and I assume we are in wave 4 yes these blue boxes also fall within the margin of the wave 4 fibs, and together with the support lines based on the swing points could therefore be a solution.
Then the following... which is the MA200 which coincides with the "old support line" see story above. and the lowest blue box currently coincides with the MA50.
Keep calm, do your own research, trade safe and manage your risk.
(Disclaimer: This is not financial advice)
Tims.Technische.Analyse by TIMTIBBO
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Tims.Technische.Analyse by TIMTIBBO
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。