Shopping SPI 722$ or 1025$
Hi everyone,
Shopping looks pretty good with it's low supply and all the demand right now. Even if we think SPI is pretty high IMO nothing to compare to what's coming.
Nice W pattern right now, and a retest of the neckline. Here a some exit target for this W3 in blue.
161.8% : 466.38$
261.8% : 722.17$ (my favorite)
361.8% : 1025.47$ (my favorite)
Also please note that both Cycle W2 (Blue) and Main W2 (yellow) retraced very strongly which mean that we should retrace both W4 between 0.3 and 0.5.
I think iam pretty realistic in this analysis cos this Cycle W3 in blue can easily go to 361.8% at 1025$
Best to you everyone !
Thanks for leaving a thumbs up if you like or even a comment. It's really appreciated.
Shopping looks pretty good with it's low supply and all the demand right now. Even if we think SPI is pretty high IMO nothing to compare to what's coming.
Nice W pattern right now, and a retest of the neckline. Here a some exit target for this W3 in blue.
161.8% : 466.38$
261.8% : 722.17$ (my favorite)
361.8% : 1025.47$ (my favorite)
Also please note that both Cycle W2 (Blue) and Main W2 (yellow) retraced very strongly which mean that we should retrace both W4 between 0.3 and 0.5.
I think iam pretty realistic in this analysis cos this Cycle W3 in blue can easily go to 361.8% at 1025$
Best to you everyone !
Thanks for leaving a thumbs up if you like or even a comment. It's really appreciated.
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.