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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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.