Hello, what will happen to nickel, the precious metal. There has been a lot of downward movement in the last few weeks. Only a few raw materials were able to maintain peak prices at anywhere near a high level.
Now to my idea for nickel:
I would currently expect a reversal according to the Fibonacci at 2.61
18607-18400 and rise to the zone around 20000.
The price would have the opportunity to move out of this trend channel into a falling wedge.
The yellow line must not be exceeded. Observe 4 hour candle or end of day.
In the second option, the trend channel is exploited all the way to the bottom. Variant a probability 60%, variant b 40%
Now to my idea for nickel:
I would currently expect a reversal according to the Fibonacci at 2.61
18607-18400 and rise to the zone around 20000.
The price would have the opportunity to move out of this trend channel into a falling wedge.
The yellow line must not be exceeded. Observe 4 hour candle or end of day.
In the second option, the trend channel is exploited all the way to the bottom. Variant a probability 60%, variant b 40%
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Save your Risk, not only Meme, Strategy and Safety is first. I'm a Trader with winningrates 50% - 30000% per Trade. I will not your money....make you happy.
t.me/WhaleWaveSurfer
Save your Risk, not only Meme, Strategy and Safety is first. I'm a Trader with winningrates 50% - 30000% per Trade. I will not your money....make you happy.
t.me/WhaleWaveSurfer