Many indicators for close to 100% gain
We have a possible cup and handle on the 1D chart - need confirmation.
We have a possible (somewhat skewed H & S on the 30min - 1h chart. Looks like retest is in play. Need more confirmation.
If confirmed it looks like Elliot Wave 4 is complete and we will start wave 5. Wave 3 went to 1.618 on the Fibonacci scale and I am predicting Wave 5 to end close to the 2.68 Fib. This intersects with the cup and handle target.
Target is $75-$80 - thinking sometime mid-end of April.
This is not trading advice! LOL
We have a possible (somewhat skewed H & S on the 30min - 1h chart. Looks like retest is in play. Need more confirmation.
If confirmed it looks like Elliot Wave 4 is complete and we will start wave 5. Wave 3 went to 1.618 on the Fibonacci scale and I am predicting Wave 5 to end close to the 2.68 Fib. This intersects with the cup and handle target.
Target is $75-$80 - thinking sometime mid-end of April.
This is not trading advice! LOL
Note
I actually just realized we are completing wave 4 of major wave 3 and that the 3 in my image is possible where the 5 is. So more gains to come! TP2 is around $100 mark!Note
I think we may have a confirmation....a little volatile but wanting to break out!
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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.