Parabolic curve in developing with bull flag breakout confirmed. ### NOT FINANCIAL ADVICE ###
hi i recommend selling
BOE Ascending Triangle breakout ###NOT FINANCIAL ADVICE###
SSE:000001 Happy 2021 traders!! SSE Composite (China A share index) has finally broken up the long term down trend line extended from Dec 2015 and Jan 2018. Indeed it is a very bullish movement! The major resistances above are at 3587 and 3684. Stay tune for the update:)
SSE Composite Index (January 1st 2021 through July 2021) Low: 3,210-3,473 points/CNY High: 3,914-4,002 points/CNY Very interesting that we have reached the top of this compression channel again, will it fully break out this time? Or maybe its another head and shoulders... Here are 2 different scenarios I can see playing out, both ending in bullish patterns...
Inverse Head & Shoulders pattern breakout confirmed ###NOT FINANCIAL ADVICE###
An accelerating trend line breakout with a RDR. To see whether going side ways to digest for a few days and it has great potential to make a ATH again. Good spot to accumulate some and stop could be 2.43 ish.
Long term wedge breakout with a potential support on 8EMA. Stop could be 2.87ish.
If today's close above 1.550 might be a good entry to buy some. Another entry might be 1.42 ish.
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