The stock is in bullish mode for the last five sessions and ran more than 300 points.
If reverses from cmp or after reaching 3500, may go in a downtrend.
The downward targets maybe 3230/2950/2800.
All levels and points are marked on the charts.
If sustains above 3500, the setup fails.
Only for learning and sharing purposes, not any kind of trading advice in any...
As i have observed market has been long form the log time after 2008 crisis if we impose the five wave pattern in it as i show in chart Please correct me if my wave count is wrong i just want to discusses weather we have right now a big short or not i feel in before march 2021 market will fall and it been in 2008 Please share your view on it.
Some point which...
in eurusd -0.15% I entered the position after we broke first red line (neck line) there was a double (triple) top on hourly chart. Then I looked daily (chart 1), and I see , a Head and shoulders pattern ( not sure but it can be a libra also) which neck line is show by purple line and also target are shown by purple line also. then I looked the chart weekly and I...
