I like BAC, But it seems quite clear to me that we are going deeper.
So where is the next logical support?
well, it would be the completion of a harmonic shark, a historical support, and the touch on the bottom of a falling wedge.
3 different types of market participants, and maybe even more signs will show up at that time, will likely place market bids here.
Patience will bring opportunity.
So where is the next logical support?
well, it would be the completion of a harmonic shark, a historical support, and the touch on the bottom of a falling wedge.
3 different types of market participants, and maybe even more signs will show up at that time, will likely place market bids here.
Patience will bring opportunity.
Note
This is kinda the last place I would expect a reversal up...if it breaks then yikes, look out below.
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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.