Shake Out Reversal Pattern?
ASM showing clues of what could be a major wave bottom in the 1 window. Hovering over Selling Climax Support, this area could be a potential Wyckoff Secondary Test. We can see the same whipsaw action from July '23 which turned out to be a shake out reversal pattern. With RSI bullish divergence on the weekly, this area could move on up at some point to test the upper trend line.
Not Financial Advice - Intended For Educational Purposes
ASM showing clues of what could be a major wave bottom in the 1 window. Hovering over Selling Climax Support, this area could be a potential Wyckoff Secondary Test. We can see the same whipsaw action from July '23 which turned out to be a shake out reversal pattern. With RSI bullish divergence on the weekly, this area could move on up at some point to test the upper trend line.
Not Financial Advice - Intended For Educational Purposes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
