Agnc Investment Corp Price Prediction! To The Upside Here We Go!
• Price Created The Bullish Continuation Pattern (Falling Wedge) Starting 2nd February 2023 Till 25th May 2023.
• While Creating This Pattern, The Price Reacted & Bounced Back From 0.786 Fibonacci Level 26th May 2023 Suggesting The Retracement Been Completed.
• 30th May 2023 The Price Broke The Falling Wedge Trendline Followed By Minor Correction On 1st June 2023.
• I Prefer To Enter It On 1st June 2023 Opening & Since Then Price Move Upwards & Reached Its Peak On 27th June 2023 Simultaneously Completed The Double Top Pattern Signalling/Hints A Potential Reversal To The Downwards. I Sees It As A Minor Correction Before The Price Goes Higher
• During The Downwards Movement, Price Reacted & Bounced Back From 0.618 Fibonacci Level. If You Entered On 6th July During The Retracement, Potential Gain Of 9.32% @ Usd 0.88 Been Achieved
• Now The Price Is Testing The Previous Double Top Pattern & Successfully Breaks It Only By A Shadow On 13th July 2023.
• Nevertheless, The Downside Risks Always Exists. Always Trade With A Proper Risk Management & Stop-Loss Intact.
Trading Strategy:
Take Profit Price:
-Tp 1 : Usd 10.86 @ 18.54 % Of Potential Profit/Return
-Tp 2 : Usd 12.22 @ 33.26% Of Potential Profit/Return
Cut-Loss : Usd 8.57 @ 6.54 % Of Potential Losses
Take Profit Price:
-Tp 1: Usd 10.86 @ 15.01 % Of Potential Profit
-Tp 2: Usd 12.22 @ 29.18 % Of Potential Profit
Cut-Loss : Usd 9.05 @ 4.33% Of Potential Profit
-]Always Trade With Your Stop-Loss Intact!
-Trade At Your Own Risk (T.A.Y.O.R.)
Lets Continue To Monitor The Price Movements Together & Share Your Thought Below!
• While Creating This Pattern, The Price Reacted & Bounced Back From 0.786 Fibonacci Level 26th May 2023 Suggesting The Retracement Been Completed.
• 30th May 2023 The Price Broke The Falling Wedge Trendline Followed By Minor Correction On 1st June 2023.
• I Prefer To Enter It On 1st June 2023 Opening & Since Then Price Move Upwards & Reached Its Peak On 27th June 2023 Simultaneously Completed The Double Top Pattern Signalling/Hints A Potential Reversal To The Downwards. I Sees It As A Minor Correction Before The Price Goes Higher
• During The Downwards Movement, Price Reacted & Bounced Back From 0.618 Fibonacci Level. If You Entered On 6th July During The Retracement, Potential Gain Of 9.32% @ Usd 0.88 Been Achieved
• Now The Price Is Testing The Previous Double Top Pattern & Successfully Breaks It Only By A Shadow On 13th July 2023.
• Nevertheless, The Downside Risks Always Exists. Always Trade With A Proper Risk Management & Stop-Loss Intact.
Trading Strategy:
Take Profit Price:
-Tp 1 : Usd 10.86 @ 18.54 % Of Potential Profit/Return
-Tp 2 : Usd 12.22 @ 33.26% Of Potential Profit/Return
Cut-Loss : Usd 8.57 @ 6.54 % Of Potential Losses
Take Profit Price:
-Tp 1: Usd 10.86 @ 15.01 % Of Potential Profit
-Tp 2: Usd 12.22 @ 29.18 % Of Potential Profit
Cut-Loss : Usd 9.05 @ 4.33% Of Potential Profit
-]Always Trade With Your Stop-Loss Intact!
-Trade At Your Own Risk (T.A.Y.O.R.)
Lets Continue To Monitor The Price Movements Together & Share Your Thought Below!