On the Week.. even though there is little data to be found in this chart, I am extracting an Ascending Triangle/W pattern from what is available. If the bulls keep the price at this zone the bulls can go further up from here, the target price will be towards $8.5 dollars.
On the day:
It is therefore important for the bulls to hold their ground above the red resistance line and thus show that we want to continue trading. If the Taurus doesn't hold it and there is reason to cool down then a drop towards $3.2 could lead to the creation of a Handle and a Cup n Handle formation to become visible. If we drop further and stay within 50%, I would still consider that valid.
Keep calm, trade safe and manage your risk.
(no Financial advise)
On the day:
It is therefore important for the bulls to hold their ground above the red resistance line and thus show that we want to continue trading. If the Taurus doesn't hold it and there is reason to cool down then a drop towards $3.2 could lead to the creation of a Handle and a Cup n Handle formation to become visible. If we drop further and stay within 50%, I would still consider that valid.
Keep calm, trade safe and manage your risk.
(no Financial advise)
Tims.Technische.Analyse by TIMTIBBO
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Tims.Technische.Analyse by TIMTIBBO
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
