First we need a strong weekly candle that has broken out of the downwards wedge ( bullish ).
- Then we have a few price targets
- 150 - this is in line with the gradient, but going to the first dotted diagnol resistance ( this is also the last runs high ) ( predict this by late novemebr at the earliest )
- 200
- 220
- 320
All these price targets are to do with fib levels and resistance from all highs.
If we go below 87 then the trade has failed.
- Then we have a few price targets
- 150 - this is in line with the gradient, but going to the first dotted diagnol resistance ( this is also the last runs high ) ( predict this by late novemebr at the earliest )
- 200
- 220
- 320
All these price targets are to do with fib levels and resistance from all highs.
If we go below 87 then the trade has failed.
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.
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.