From Sep. 2022, we see the bounces at the white Centerline. This created great support, until recently Sep. 03/24.
The Base support is broken, and price failed to move up from the white Centerline.
Well, if price is not going up, it probably goes down. Potential targets are indicated by the arrows.
The Base support is broken, and price failed to move up from the white Centerline.
Well, if price is not going up, it probably goes down. Potential targets are indicated by the arrows.
Trade attivo
Price is still fuzzing around in the Base Support "Zone".It's hard to open a Short here, Stop would have to be above $2.20.
The Risk-Reward although would be huge.
Or play it with a Options-Spread.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
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.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
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.