Price has met Target 1 which is the top of the hump in the crooked W.
This is often a support level and price is hanging on this level right now.
The 4th leg appears to have terminated at the 1.113.
The Shark is labeled OXABC. This is an Alternate Shark. There is a version that ends at the .886 of OX.
Price is below the 200 DMA but is still above the 50.
No recommendation.
This is often a support level and price is hanging on this level right now.
The 4th leg appears to have terminated at the 1.113.
The Shark is labeled OXABC. This is an Alternate Shark. There is a version that ends at the .886 of OX.
Price is below the 200 DMA but is still above the 50.
No recommendation.
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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.