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Le-Loup-de-Zurich
Mar 25, 2024 8:59 AM

AXA: Bearish -DEEP CRAB detected. Short

AXAEuronext

Description

AXA: Lower-DEEP CRAB detected.

(1)
In Weekly:

A DEEP CRAB -Bearish was detected on AXA and was confirmed. Following this bearish harmonic pattern, a new BEARISH trend can potentially begin.

(2)
ROC and RSI: Note the Bearish divergence building up like dark clouds announcing a potential reversal on the horizon.

(3)
Detection of a SELL signal using ROC and RSI indicators;
Following this, I expect the market to move down to the 33.63 level, then 30.55, and finally towards the 29.49 and 25.84 levels, depending on the 50 and 200 EMAs.
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