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Nano setting up the rocket launcher.
Hello folks, =P
Looking at the 4hr chart of Nano, we can see that it had a correction after a parabolic move and bounced from the golden ratio of the Fibonacci retracement.
it is too early to say and it's just a hypothesis at the moment, but seems like it is creating an inverted head and shoulder which is a bullish sign.
*this chart is just for the educational purpose, I'm a noob chartist and I just publish this idea to improve my self and get some feedback about it! please share me your ideas about it. =P *
Looking at the 4hr chart of Nano, we can see that it had a correction after a parabolic move and bounced from the golden ratio of the Fibonacci retracement.
it is too early to say and it's just a hypothesis at the moment, but seems like it is creating an inverted head and shoulder which is a bullish sign.
*this chart is just for the educational purpose, I'm a noob chartist and I just publish this idea to improve my self and get some feedback about it! please share me your ideas about it. =P *
Note
If you look at the 1 hour chart after my post last night, Nano created a bull flag and just broke above it of it. The target of the bull flag is going to be the neckline of the head and shoulder.Note
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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.