FUYAO GLASS Parabolic Move Soon?! (Correction)
Hello traders,
I rushed a bit and didn't express the idea precisely. Here is the updated chart.
The three rising valleys has been completed before so the falling wedge is the only pattern to pay attention to.
The following facts still hold:
1. Triple bullish divergence .
2. Forming a falling wedge as a continuous pattern of a bullish trend .
3. This chart is extremely similar to that of PDD before taking off.
100% measured move will be ~43.67% from the breakout point.
This trading idea will be updated. Enjoy!
HakoneDream
I rushed a bit and didn't express the idea precisely. Here is the updated chart.
The three rising valleys has been completed before so the falling wedge is the only pattern to pay attention to.
The following facts still hold:
1. Triple bullish divergence .
2. Forming a falling wedge as a continuous pattern of a bullish trend .
3. This chart is extremely similar to that of PDD before taking off.
100% measured move will be ~43.67% from the breakout point.
This trading idea will be updated. Enjoy!
HakoneDream
Comment:
Again, this wedge is not completed yet. Be patient and careful.
Comment:
For those who want to focus on the short-term movement.
For those who want to focus on the short-term movement.