WISH Fractal Analysis - I think It's Happening Again!
Updated
From my previous post comment: Keep an eye out for any catalysts on WISH. Market makers might choose to make $4.61 (Fib extension of 2) the bottom if economic activity gets better and Q4 is green.
Present:
I will be following this fractal and devising estimations via the daily EMA. Wolfpack is going green on the weekly!
I am targeting one gap during the uptrend, 7.59-9.34. Traders usually exit when gaps are filled during retest.
The squeeze is commencing.
Present:
I will be following this fractal and devising estimations via the daily EMA. Wolfpack is going green on the weekly!
I am targeting one gap during the uptrend, 7.59-9.34. Traders usually exit when gaps are filled during retest.
The squeeze is commencing.
Note
Keep an eye out this week for price movement. I am currently not in WISH. If it continues lower I will revert back to my original Elliot idea!Note
The Fractal is still the same, I just overextended it a tiny bit. PT for the fractal is now the resistance trendline at ~6.15. Possible wick to gap zone mentioned earlier. Paytience!
P.S. I'm not in Wish, and I am not a financial advisor.
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