Based on price action and with assumption that we are about to break through the consolidation period. It is possible that sometime in mid april we will have a strong rally. Else reverse but in bear mode.
?*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Thank you, Ajion
Trade closed: target reached
So when started this analysis. We expected a little more downward motion into E. Well that did not happen. As B to C was very weak, so the D spike that happened early in April was ended in E - flat. And so the bull trend has begun.
Right after the downtrend triangle was crossed, we started buying and holding. Right guys, -heh.
Now we have Reached 1, lets see from deeper analysis what can happen next.
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.