So Bid Corp (JSE share), completed a bearish shark pattern.
And after a shark pattern comes the Bullish 5-0 harmonic pattern
Bullish 5-0 Pattern suggest a vuy entry on the 50% retracement of the move @25529
We should see new highs coming soon, target should be 30000 and 32000
Also note the 200 moving average , just bounced off that level.
Invalidation level comes in at point C, 22000
And after a shark pattern comes the Bullish 5-0 harmonic pattern
Bullish 5-0 Pattern suggest a vuy entry on the 50% retracement of the move @25529
We should see new highs coming soon, target should be 30000 and 32000
Also note the 200 moving average , just bounced off that level.
Invalidation level comes in at point C, 22000
Trade Smart. Manage Risk. Master Patterns – Your Trade Buddy
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Trade Smart. Manage Risk. Master Patterns – Your Trade Buddy
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.