hello friends,
As you can see in the chart, CATI has been in an uptrend channel since the beginning and now it has completed its decline by facing the lower band of the channel. It is expected that the upward movement will begin until the upper band of the channel where the ATH is.
Based on FIBO, I drawn the expected path.
Have a good trading day and remember that it is not a trading recommendation.
Regards,
As you can see in the chart, CATI has been in an uptrend channel since the beginning and now it has completed its decline by facing the lower band of the channel. It is expected that the upward movement will begin until the upper band of the channel where the ATH is.
Based on FIBO, I drawn the expected path.
Have a good trading day and remember that it is not a trading recommendation.
Regards,
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.