After a first wyckoff spring failed trial,
NIO
is showing a 5 waves technical pattern that generally introduces a trend continuation. Wyckoff Spring is not over yet, we might expect a spring if the market's conditions are good next week.
For me this trade is worth trading with a nice risk/reward ratio with a stop-loss just under previous low and 55 simple moving average.
GO NIO !!!
NIO
is showing a 5 waves technical pattern that generally introduces a trend continuation. Wyckoff Spring is not over yet, we might expect a spring if the market's conditions are good next week. For me this trade is worth trading with a nice risk/reward ratio with a stop-loss just under previous low and 55 simple moving average.
GO NIO !!!
Trade active:
"Most continuation patterns are 5 waves" -Dr. David Paul on Nio, 19/02/2021