Tried to break out of that falling wedge on Thursday’s news, but the move didn’t quite have the juice yet. Still, the chart looks like a bottom might be in, and if that’s true, we could be setting up for a strong push higher.
First targets I’m watching: $5.43 (4H 50DMA), then $5.99 (wedge breakout calculated target). If we can get a solid close above $5.99, that opens the door toward $7 thanks to the big price/volume gap (yellow zone) that usually acts like a vacuum.
I’m already in this trade - but if we close under $4.6 - 4.65, I’ll admit the setup is broken.
First targets I’m watching: $5.43 (4H 50DMA), then $5.99 (wedge breakout calculated target). If we can get a solid close above $5.99, that opens the door toward $7 thanks to the big price/volume gap (yellow zone) that usually acts like a vacuum.
I’m already in this trade - but if we close under $4.6 - 4.65, I’ll admit the setup is broken.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Enjoying this free analysis? You can find more free content on my X profile
x.com/zedryaz
x.com/zedryaz
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.