devigriffel

Taking long after pullback

Long
devigriffel Updated   
BATS:NIO   NIO Inc.
* RSI heavily overbought 4h tf
* VOLUME starting to cool off
* Pullback after impulse!
Trade active:
Just a reminder:
Fib extension 1.62% (2.36) may still be in play if price goes under 4.00 again
Its the ultimate low on my chart

Impulse leg what was formed 1.05 = April deliveries

Last time in April 2020: Price range 2.12-2.36 (matches with the current Fib 1.62) - where the rise started
Trade active:
Taking the Long ONLY if the 4.00 price does not break!
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