Currently in C-D on consolidation pattern and holding the 618.
Looking for a b/o sometime late September, based on 618-786 of the consolidation pattern.
-Massive CNH has a tgt of over 100k.
-Consolidation flag has a tgt of 92k
-TL from previous HH's has confluence with the CNH tgt.
A "fakeout" wick back to 59k is plausible to pick up liquidity.
Looking for a b/o sometime late September, based on 618-786 of the consolidation pattern.
-Massive CNH has a tgt of over 100k.
-Consolidation flag has a tgt of 92k
-TL from previous HH's has confluence with the CNH tgt.
A "fakeout" wick back to 59k is plausible to pick up liquidity.
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Related publications
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.