During the upside of the last Rounding Bottom with the W Formation.
We saw a BOS up.
This is where the price breaks a level of the previous low or the previous high.
This is a continuation move where the price continues in the current direction.
Also it coincided with the break up with the Neckline of the W Formation.
Next we outline levels of liquidity for Take profit levels.
We have two TP2.
1. Neckline W Formation
2. Top of recent HIGH
The main target is 4,008
We saw a BOS up.
This is where the price breaks a level of the previous low or the previous high.
This is a continuation move where the price continues in the current direction.
Also it coincided with the break up with the Neckline of the W Formation.
Next we outline levels of liquidity for Take profit levels.
We have two TP2.
1. Neckline W Formation
2. Top of recent HIGH
The main target is 4,008
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.