SEE has one of the harder tops to identify before the collapse called a Sheer Cliff. The rounding price action occurs because larger lots are carefully selling into rising prices. The Sheer Cliff occurs when buyers disappear. The stock is holding at the gap up support level.
Buy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent.
Just hold and watch. All targets will be reached within 1-3 days. But sell after 6-7 days if any target not reached. Good Luck!
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Bart patterns and such a manipulation is going on, we may bounce back a bit and then go straight forward to 6600. In previous analysis we did not hit the support levels which was 30% chance, but going above 6360 as i mentioned with 6400 breakout (My sl tooked) This may change a game for a short time only.. Or we may see another bart thing on the 6600 ? I could...
With the Monthly Chart on the AUDCHF undergoing a retracement to the 50% area (at least, it means lots of buying opportunities for the lower timeframes!
Of course, I'm not going to hold a trade for the next 3 months, but I am going to be entering and exiting multiple times!
Here is the first entry I found using Fib Inversions!
Free to go aggressive on this one,...
looking at the current levels of resistance we may see an opportunity to short this pair on any pullback on a 4 hourly to 1 hourly timeframe after a strong sell off yesterday with a fully engulfing bearish candle.However
I would remain cautious until post NFP announcements .