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There is an ascending triangle on REP (REPSOL) stock. There was a huge growth of the price (bullish trend) before. According to Elliott Waves theory the price was standing on Wave D. However possibly it became circumcised triangle and price broke resistance zone.
Waiting for possible retest of this zone and enter into the trade.
Follow the chart and look for the confirmations carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
There is an ascending triangle on REP (REPSOL) stock. There was a huge growth of the price (bullish trend) before. According to Elliott Waves theory the price was standing on Wave D. However possibly it became circumcised triangle and price broke resistance zone.
Waiting for possible retest of this zone and enter into the trade.
Follow the chart and look for the confirmations carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.