8 Mar 2021
I see W pattern on hourly chart
volume registered high (see below)
if price closes above 51.60 (green line on the chart ) ,
it will go up further 5.50 dollar up .. That is the height of the W pattern
I see W pattern on hourly chart
volume registered high (see below)
if price closes above 51.60 (green line on the chart ) ,
it will go up further 5.50 dollar up .. That is the height of the W pattern
Comment:
correction:
On the chart text box I said "That is the height of the W pattern"
Please read it as neck height ... which is the height from bottom edge to middle point of W
On the chart text box I said "That is the height of the W pattern"
Please read it as neck height ... which is the height from bottom edge to middle point of W
Trade closed: target reached:
11 Mar 2021
It reached the expected target 57$ this morning. If anyone followed the idea , close it near that price.
Pattern completed, trade closed
It reached the expected target 57$ this morning. If anyone followed the idea , close it near that price.
Pattern completed, trade closed
Comment:
W pattern , bottom edges are double bottom pattern ...