This is a very interesting chart — and far more constructive than the ACWA setup.
On the weekly timeframe, NIO is showing early signs of a major trend reversal, and the EMA‑50 is playing a central role in confirming that shift.
NIO is forming a major bullish reversal pattern (Inverse Head & Shoulders).
EMA‑50 is the key barrier between bearish and bullish territory.
A weekly closed above EMA‑50 which is the first trend reversal signal in years.
Best long entries come from:
- Breakout above neckline
- Retest of EMA‑50
Bullish Breakout (High‑Probability Reversal)
Condition:
Weekly closed above EMA‑50 and neckline breakout.
Entry Zone:
6.50 – 7.20 USD
Stop Loss:
Below right shoulder low (~4.50)
Targets:
Target 1: 9.50
Target 2: 12.00
Target 3: 16.00 (measured move of IHS)
On the weekly timeframe, NIO is showing early signs of a major trend reversal, and the EMA‑50 is playing a central role in confirming that shift.
NIO is forming a major bullish reversal pattern (Inverse Head & Shoulders).
EMA‑50 is the key barrier between bearish and bullish territory.
A weekly closed above EMA‑50 which is the first trend reversal signal in years.
Best long entries come from:
- Breakout above neckline
- Retest of EMA‑50
Bullish Breakout (High‑Probability Reversal)
Condition:
Weekly closed above EMA‑50 and neckline breakout.
Entry Zone:
6.50 – 7.20 USD
Stop Loss:
Below right shoulder low (~4.50)
Targets:
Target 1: 9.50
Target 2: 12.00
Target 3: 16.00 (measured move of IHS)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.