alibaba showed position reaction on a major trendline on a 3d chart.
with a sequence of rejections and double bottom formation on 4H, chances are high that the stock will start recovering soon!
now I am looking for a 4H candle close above 188 minor resistance!
it is a perfect signal for us to open long expecting a continuation to at least 208 level
good luck!
please, support the idea with like and comment!
thank you!
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.