I understand algorithmic math. I understand it and can calculate it.
I SUCK AT MATH. YOU HAVE BEEN WARNED. DO YOU OWN CALCS.
That being said, you can rely on Bulkowski's tested probabilities for a Big W Pattern which suggests a 0.42% chance of a breakout. Projected target based upon Bulkowski calculations would be approximately $56.00.
Rumors suggest $60.00 that might be a possibility if breakout occurs.
A short retrace may occur with a bounce back. Who knows.
I'm not playing this, but looking for direction bias for USDCAD
Good luck Big W
I SUCK AT MATH. YOU HAVE BEEN WARNED. DO YOU OWN CALCS.
That being said, you can rely on Bulkowski's tested probabilities for a Big W Pattern which suggests a 0.42% chance of a breakout. Projected target based upon Bulkowski calculations would be approximately $56.00.
Rumors suggest $60.00 that might be a possibility if breakout occurs.
A short retrace may occur with a bounce back. Who knows.
I'm not playing this, but looking for direction bias for USDCAD
Good luck Big W
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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.