I'm not making any counts here, just looking at price action and it's pretty neat for now.
We have a nice round base inside which we can also see a clean cup and handle pattern.
So, if price breaks above the VWAP levels and the orange line, we can expect at least a 30% rally.
(in that case, we have a correct 1:2 R/R with stop placed below the handle.
We have a nice round base inside which we can also see a clean cup and handle pattern.
So, if price breaks above the VWAP levels and the orange line, we can expect at least a 30% rally.
(in that case, we have a correct 1:2 R/R with stop placed below the handle.
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
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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.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
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.