EQR breaking down below trendline from probable 3 wave continuation pattern here and printed a H&S where right shoulder is probably a wave 2.
Previous collapse was a solid 23% collapse and if correct this should another collapse similar in ratio down to around $60.
Could re-test resistance low or perhaps the diagonal trendline.
Stop above right shoulder.
Not advice.
Previous collapse was a solid 23% collapse and if correct this should another collapse similar in ratio down to around $60.
Could re-test resistance low or perhaps the diagonal trendline.
Stop above right shoulder.
Not advice.
ความคิดเห็น:
Looks like a bounce is coming and a great opportunity potentially to have much tighter stop area from either trendline.
ความคิดเห็น:
I have covered for small profit. Will look again depending on index gap fill.
I'm taking a break from TradingView but you can find me every day in my Telegram Trading Group 🧐
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35