Cryzen

Clear $7 Resistance for TSX:HEU

Long
TSX:HEU   BETAPRO SP TSX CAP ENGY 2X DLY BULL ETF
Lots of things aligning for $7 exit. Not sure about entry but the exit is clearly defined

Looks like we are going for Wave 5 of bullish impulse. Beware declining bull volume . $5 was the entry earlier 20-25% profits at the moment.

Possible Fib 1.272 extension level in yellow
Support turned Resistance
200 daily ema is at 7.20~
RSI levels if they get extended on buy side on lower levels would signal out

I feel really cheeky barely knowing EW principles clicking Elliot Wave in the category but this chart has a clearly defined resistances that all align that made me excited to post this and see how it turns out! Cheers.

Comments



Closer view on the daily level
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