PLTR is at a key critical area, which has already given a warning shot to bulls.
We have a complete rising wedge structure with 3 waves up and a hook that has already cracked! Within it, we also have a head and shoulders at the top, which is bearish. (H&S not a top is usually a continuation pattern.) AS is always the case, if the overall market is not ready to head south, it will fail as a full-on reversal pattern.
I urge CAUTION!! to PLTR bulls.
For shorts, you need to see a crack, gap fill, plus follow through for a new lower low in a small time frame. You can't have a reversal without lower lows and lower highs.
Thank you ALL FOR getting me up to 5,000 followers!! ))
Click boost, follow, comment nicely for more authentic, no BS, raw analysis. Let's get to 6,000 followers. ))
We have a complete rising wedge structure with 3 waves up and a hook that has already cracked! Within it, we also have a head and shoulders at the top, which is bearish. (H&S not a top is usually a continuation pattern.) AS is always the case, if the overall market is not ready to head south, it will fail as a full-on reversal pattern.
I urge CAUTION!! to PLTR bulls.
For shorts, you need to see a crack, gap fill, plus follow through for a new lower low in a small time frame. You can't have a reversal without lower lows and lower highs.
Thank you ALL FOR getting me up to 5,000 followers!! ))
Click boost, follow, comment nicely for more authentic, no BS, raw analysis. Let's get to 6,000 followers. ))
Trade ativo
Don't be fooled by countertrend moves. Price is still out of structure, broken!Wait for the CRACK
Nota
CRACK!!Trade fechado: objetivo atingido
I am being forced into a "target reached" by tradingview not me.As you can see, I have led you not once but TWICE into this beautiful short.
I am so old that I remember the CEO crying on television about how the shorts were wrong and how great the stock is, and he doesn't care. hahah! Well, that went well for him!
Anyway, more downsides to come. You have to hold these trades to get paid. No other way with this in and out 1% 2% blah blah
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.