BP(Daily) - Inverse HS potential-Double bottom.

319 6 7
BP             (Daily) Inverse HS potential, double bottom .

Inverse HS potential brake_out.
Double bottom brake_out confirmed, 26.18 retest.
Gap Fill.
Long on retest of Neckline(after potential AB=CD ), or on new high.
OBV set to brake_out.
Earnings due 28/4.

Target_1 : 44
Target_2 : 46.50
where would you put the stop loss: below $38.8 or $36.8?
rv AntoninoRomano37
i think, that depends on you.
+1 Reply
rv rv
and the stop is indicated, on the chart.
+1 Reply
Hey River, a small retrace before the rally maybe?
rv iefan
yes possible, nice iefan. its 1.618 as well, from the retrace and from 1-2, geometrically speaking. its consolidating as well. thats why i liked the long on new high, or retest of neckline(after ab=cd).
but i am not sure this constitutes a wave 1 :)..
+1 Reply
rv rv
but looks nice point 1, indeed.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out