Long -Extended Trend ( Un-Charted price level)
It looks like the This scrip is headed for an extension , Most extended waves are calculated based on Fibonacci level
but this one seems going on its own way , it does not meet any Fibonacci level or it does not meet any specific understanding
when seen through Completion of any pattern
such moves are often phony and can trap lots of Traders , usually when price reaches an un-charted level this kind of small
extensions and small pattern brakes takes places
One can look for going long with stop as today low on tag , and look to book with trailing stop after an brief move
but this one seems going on its own way , it does not meet any Fibonacci level or it does not meet any specific understanding
when seen through Completion of any pattern
such moves are often phony and can trap lots of Traders , usually when price reaches an un-charted level this kind of small
extensions and small pattern brakes takes places
One can look for going long with stop as today low on tag , and look to book with trailing stop after an brief move
Note
this move dose not change the potential up side move , I will be updating new chart for this today
upside move is coming
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.