TWIXUSD $TWIXUSD Short ScalpTWIXUSD $TWIXUSD Short Scalp. TPs on chart. 50-200X leverage. Choose your own SL.
TWIXUSD
TWIXUSD $TWIXUSD Initial LongTWIXUSD $TWIXUSD Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
TWIXUSD $TWIXUSD Initial ShortTWIXUSD $TWIXUSD Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
TAIWAN TWIXUSD - Different analyses, Different targets.The chart above displays a clear breakout to the upside from a 8 month long symmetrical triangle pattern.
The question now is where is this going? what could be a potential target?
Every time I open this chart blank I see something new. Based on different types of analyses below are 3 possible targets.
Option 1: Inverse Head and Shoulders
Option 2: Fibonacci Extension
Option 3: Uptrend Channel (5 year long)
No doubt targets for option 1 and 2 could be reached in a few years however given how extended the current move looks my immediate area of focus would be the top of option 3's uptrend channel. A pull back from there to the 420 region and a subsequent bounce from that area would seem like a reasonable scenario.
This analysis is for my own reference. This is not trading or financial advice.
TWIXUSD STW may have chance to go lowerTWIXUSD STW may have chance to go lower. If TWIXUSD cross below the red upward trend line. TWIXUSD STW will go lower and lower.