Gann Support: 0.34/0.31 | Resistance 0.37|0.40 Trade at high volume near the resistance over one month. Hopefully can break the first resistance and become bullish. One year target price is 0.40 and long term target price is 0.47 Analysis based on my hope only. No need to trust this analysis.
Consider to study, analyze and monitor WIDAD as it attempts to cross fibo886 in what appears to be a bearish bat harmonic pattern. Potential swing trade can be taken from fibo886 (Point C) to fibo886 extension (Point D). CL is below 52-week low.
On the trendline and fibo level at 0.786 - expecting to spike up soon.
Price have been trading on accumulation in phase-C near trend-line. the trend-line seem to be holding strong since 2019 act as a support. the final shake-out (spring) on 9 NOV 2021 showing us that supply have been dried and demand should be taking control real soon. Im expecting demand should be coming and price will begin to be trading in phase-D with sign of...
volume and price breakout in squeeze . sigh of rebound. im watching for trading opportunity.
Widad was dipped by 50% from Fibonacci resistance area at 0.80 and found support at Fibonacci sell target 1.618 at 0.39, forming a Double Bottom reversal pattern. A bullish bias has emerged above the Double Bottom as the price has violated the downtrend line followed by a stronger buying volume coincide with buy signal seen on daily Stochastic . Theoretically, the...
price traded near support level with low volume (oversold). im watching for trading opportunity.
Widad is going to make a double bottom and it could react to that. the reaction to that could make as a retracement to the long fall that happened this couple of weeks. I'm biasing a bullish here. ========================================================== Always take care of your MM. Think of the value STOP LOSS first rather than the value of your TP. All...
Nothing much to do wait and see at the bottom
Note _ Some potential stock counter this week. Seek for best entry/exit. Suggestion are on the charts
1 hour timeframe possible ABC strategy entry at 0.520 - 0.525 SL. 0.500 TP 0.555 / 0.560 / 0.570
This is a very interesting stock, which it had been dropped 50% for 3 months in early 2021. And starting to rebound and dropped and rebounded. By seeing the rebound pattern, it has formed a triangle which trend direction is still unclear. But the graph may bound inside the triangle forming top breakout, or dropped lower. EMA 120 shows 0.565-0.570 which...
Hello Traders Here is one of promising chart to trade. WIDAD will soon going impulse Don't forget to take this trade