Good morning/afternoon/evening traders,
FUYAO Glass has flipped the long-term resistance into a solid support level. This one could give us an EXTREMELY lucrative trading opportunity based on the following facts:
1. Triple bullish divergence.
2. Forming a falling wedge as a continuous pattern of a bullish trend.
3. Three rising valleys that might give ~76% profit as the 100% measured move.
4. This chart is extremely similar to that of PDD before taking off.
Please leave the comment and like this post if you're interested in this idea.
Enjoy and have fun to watch the next step.
HakoneDream
FUYAO Glass has flipped the long-term resistance into a solid support level. This one could give us an EXTREMELY lucrative trading opportunity based on the following facts:
1. Triple bullish divergence.
2. Forming a falling wedge as a continuous pattern of a bullish trend.
3. Three rising valleys that might give ~76% profit as the 100% measured move.
4. This chart is extremely similar to that of PDD before taking off.
Please leave the comment and like this post if you're interested in this idea.
Enjoy and have fun to watch the next step.
HakoneDream
Comment:
Be careful that the falling wedge is not completed yet. Be patient and play safe.