From Sep. 2022, we see the bounces at the white Centerline. This created great support, until recently Sep. 03/24.
The Base support is broken, and price failed to move up from the white Centerline.
Well, if price is not going up, it probably goes down. Potential targets are indicated by the arrows.
The Base support is broken, and price failed to move up from the white Centerline.
Well, if price is not going up, it probably goes down. Potential targets are indicated by the arrows.
Trade ativo
Price is still fuzzing around in the Base Support "Zone".It's hard to open a Short here, Stop would have to be above $2.20.
The Risk-Reward although would be huge.
Or play it with a Options-Spread.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
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.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
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.