Short target: 7.35NOK
When: 2. May 2019
Why:
- Gann lines and the global support level crosses this point.
- Arc 4 is done, arc 5 is the next one.
- Wave 4 is done, wave 5 is the next one.
- The volume is descending currently (From when the wedge pattern started).
Forecast:
- It will rise quickly after beginning of May 2019 and break through the wedge (around end of November 2019)
- Next target then will be 8.45NOK
When: 2. May 2019
Why:
- Gann lines and the global support level crosses this point.
- Arc 4 is done, arc 5 is the next one.
- Wave 4 is done, wave 5 is the next one.
- The volume is descending currently (From when the wedge pattern started).
Forecast:
- It will rise quickly after beginning of May 2019 and break through the wedge (around end of November 2019)
- Next target then will be 8.45NOK
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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.
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.