hey guys i've been following snap for a long time. i expect further drop in long term but at the moment we may see a bounce.
i drew an ABCD extension and also at the bottom of the price action there is a possible inverse H&S pattern here.
and if you take a look at the weekly STOCH RSI has crossed and RSI is at the oversold position
if the neckline broken up with a good volume buying may be considered. target is red line.
i drew an ABCD extension and also at the bottom of the price action there is a possible inverse H&S pattern here.
and if you take a look at the weekly STOCH RSI has crossed and RSI is at the oversold position
if the neckline broken up with a good volume buying may be considered. target is red line.
Note
Note
very good wedge and wolfe wave patternTrade closed: target reached
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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.