HSI Long: The Super Bull is here
There are 3 things to see here:
1. An expanding triangle that is labeled as a corrective wave 2 in triple combination: W-X-Y-X-Z,
2. 2 right angle triangles, one at the top and one at the bottom. The top one is larger than the bottom one. This means that the support at the bottom is stronger than the resistance at the top.
From here, it should be a super bull.
1. An expanding triangle that is labeled as a corrective wave 2 in triple combination: W-X-Y-X-Z,
2. 2 right angle triangles, one at the top and one at the bottom. The top one is larger than the bottom one. This means that the support at the bottom is stronger than the resistance at the top.
From here, it should be a super bull.
Trade closed: stop reached
I might be too early. Continue to observe.
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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.