Priceline of Internet of Services / Tether US is forming a bullish shark pattern and soon the price action will be entered in potential reversal zone. RSI is oversold. I have use Fibonacci sequence to set the targets.
@Nagat, But you have to admit this was a good call now haha
moon333
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@Nagat, my dear sis actually we can have cycles within cycles and trends within trends, for example if on longer time period on month chart the asset is in down trend then in shorter tome period we can have an uptrend on day or week chart or if we are in down trend on day chart then we can have an uptrend on hourly chart, so whether you are in up trend or in down trend you can have many chances to trade in smaller time period chars but you should have a stop loss strategy otherwise you can be stuck in longer time period's downtrend, thanks