Esrs will go down in the near futureThe momentum and the technical shows that it will go down to 14.25 egp as I think, and if it crossover it it probably go more down this is for the short term (1h and 4h chart) .This is not a financial advice. It's just my opinion.
Thanks
ROTO Road MapHello Dear Friends,
Targets 24 and 26.
but the Bearish Scenario ?
2 Scenarios Roto might Dump Next Trading day, or at 8/12/2021
Correcting to "0.618 fib at 14.97" from the low to todays high would be a good entry with a small stop loss under the green line.
If failed to hold wait for double bottom around 10.6 to 10.3
>>
next day dump based on TD sequential Count of TD9.
what if ROTO didn't respect TD9?? it can count up to 13 candle. which would be 8TH of December.
Gann 315 level was at 10.3~. price went shy and silly and just went to 10.6 .
Any questions feel free!
wish Good Luck for Everyone.
AFDI Downtrend Channel.Levels on the Chart.
Price trying to break above the downtrend Channel.
Worry again if it was a false break, then Going back down towards the Channel.
Will Target 1st the Middle Trendline of the Channel around 16.~
if it was just a retest and then went back up to the mini uptrend channel will have Targets up on chart.
Good Luck!
Gann Star.This Analysis was Hand Made.. but it is more accurate than the indicator as its buggy...
support and resistance lines..
horizontal lines are Support/Resistance .
Vertical lines are time pivots .
Next Target should be 6.33 before 18 august.
Failure to do that, then we need to chart again.
Appreciate your Comments.
GL