Bayer shares have continued their bullish momentum since our last update. As shown on the daily chart, we now primarily believe that the low of wave (X) in blue is already in place, and that the next phase will see wave (Y) advancing above all marked resistance lines.
As a result, we have deactivated our blue long-term entry zone. However, in our alternative scenario, the price could fall below this entry area, with the alternative wave alt.(X) in blue ending at a much lower level (probability: 28%).
As a result, we have deactivated our blue long-term entry zone. However, in our alternative scenario, the price could fall below this entry area, with the alternative wave alt.(X) in blue ending at a much lower level (probability: 28%).
📊 Daily market insights combining macro + Elliott Wave analysis
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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.