ATOS I anticipate a pullback to $0.85 as the Relative Strength Index (RSI) indicates an overbought condition. Based on Elliott Waves theory, a correction is expected, followed by the emergence of the fifth leg.
Following the pullback, if the price surpasses the psychological resistance level of $1, there are three potential price targets: $1.15, $1.30, and $1.60.
TP1: 0.85$
TP2: 1$
TP3: 1.15$
TP4: 1:30$
TP5: 1.60$
Trade closed: target reached
TP1 hitNote
TP2. TP3 hitNote
TP4 hit
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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.