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%).
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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
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.