CWN
Updated
CWN showing a completed Demark buy set up on the 1D time frame.
This buy signal is strengthened by this zone of just under $12 serving as resistance previously
Potential quick trade from here (bottom of the short term GMMA band) to test the compressed longer term band and hit the drawn resistance level.
If price can pierce and close above the long term GMMA band target could be the previously completed sell set up level indicated.
This buy signal is strengthened by this zone of just under $12 serving as resistance previously
Potential quick trade from here (bottom of the short term GMMA band) to test the compressed longer term band and hit the drawn resistance level.
If price can pierce and close above the long term GMMA band target could be the previously completed sell set up level indicated.
Note
The Demark buy set up proved accurate, with price shooting up through the identified resistance level and the slow band of the GMMA
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