Bullish penant, triangle breakout.
RSI Daily below 60 leaving plenty of room.
Stochastic pointing up, sell volume diminishing, MACD about to cross over. VWAP increase on red candle.
Wave 1 = $0.81
Wave 3 (1.618 X Wave 1) = 1.31
(1.57+1.31) = 2.88
RSI Daily below 60 leaving plenty of room.
Stochastic pointing up, sell volume diminishing, MACD about to cross over. VWAP increase on red candle.
Wave 1 = $0.81
Wave 3 (1.618 X Wave 1) = 1.31
(1.57+1.31) = 2.88
Trade closed manually
Closing, 9.75 area seems like new resistance.Trade closed manually
Doh! TIA trade closed.
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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.