Double bottom is erased but break out from triangle is result usual a last bigger move before trend reversal.
Let's see where it will fund a bottom .
Looking for the bottom at 120-150 area!
We can looking smaller time frame now and watching 5 impulsive wave formation,when the cycle is complete we can guess that is the possible reversal point and make some new long term buy with extreme high risk reward ratio now!!!
Let's see where it will fund a bottom .
Looking for the bottom at 120-150 area!
We can looking smaller time frame now and watching 5 impulsive wave formation,when the cycle is complete we can guess that is the possible reversal point and make some new long term buy with extreme high risk reward ratio now!!!
Let's maximize our probability the rest is only question of risk management!
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Let's maximize our probability the rest is only question of risk management!
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.