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RENDER will experience deeper drops ahead (12H)

The larger structure that RENDER appears to have formed looks like a Diametric pattern.

Wave F of this Diametric has itself unfolded as a Symmetrical pattern and now seems to be complete. The price is currently developing Wave G of the overall formation.

A pullback into the red zone is expected before RENDER continues its decline.

We are looking for sell/short positions within the highlighted red zone.

The targets are marked on the chart. Once Target 1 is reached, move your stop loss to break-even.

If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.

Do you also think RENDER is bearish?

Dagangan aktif

It pumped more than 21% according to our previous analysis and reached the entry zone. It can now be rejected.

A stronger confirmation for a decline will be issued when CH occurs. We have marked this on the chart.

Dagangan ditutup: sasaran tercapai

In the end, it dropped by more than 15% , and the first target was hit.

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