IDX : ERAA BREAKING THE HEAD N SHOULDER PATTERN !!

ERAA weekly chart show us that there is Head and Shoulder pattern (Reversal Pattern From Bullish To Bearish) and already break the H n S neckline.
Thats mean ERAA will going to the target area HnS at price 380-390 in the long game (Weekly).
Stochastic indicator in weekly already Oversold, so there is a chance price will have a short Rebound to the Neckline Area.


Disclaimer ON.

Transaction en cours:

The price is still going down like the roadmap i give. The Head and Shoulder Pattern on Weekly chart is very strong pattern (Most Accurate). Now the question is when the price get a rebound?
There is a chance that ERAA will have an instant rebound at 490 before going down deeper because the pattern is bearish pattern.
And i believe the still going down deeper UNTIL there is a sign of Reversal, like reversal pattern Double Bottom, Inverted Head n Shoulder, Falling Wedge(Reversal Mode) and the others reversal pattern. So if u want to Buy ERAA, watch the closest Strong Support or wait until the reversal pattern shows up

Transaction en cours:

ERAA price now at level 415, which is almost reach the long target when i published my prediction. 380-390 is still the best price you could get, or around 400 if you guys does not have patience to wait any longer. For me, i still gonna wait until there is a sign of Reversal Pattern to Bullish (timeframe Weekly or Daily). So for Now the best thing to do for me is wait n see until the target reached.

DISCLAIMER ON

Trade fermée: cible de profit atteinte:

ERAA now hit the long target from Head n Shoulder pattern (Weekly)

we can now start Buy eraa slowly, range Buy 290-380, its a long game
Good luck