Greetings traders and investors from around the world. Happy Sunday...
The price chart of OXT is quite interesting as evidence are suggesting we are going to see a rally in coming days ahead. The low from 0.1965 printed and expanding leading diagonal which was then followed by a zigzag that was contained inside a parallel channel.
The market find its low at 0.2032 and have since rally in what appears to be a 1 - 2, 1 - 2 formation.
If this interpretation is correct the third and most powerful wave is likely underway and should give way for higher price action in coming days.
As always traders dont forget to leave a like and comment below and most importantly hit the follow button.
Trade safe and see u soon.
The price chart of OXT is quite interesting as evidence are suggesting we are going to see a rally in coming days ahead. The low from 0.1965 printed and expanding leading diagonal which was then followed by a zigzag that was contained inside a parallel channel.
The market find its low at 0.2032 and have since rally in what appears to be a 1 - 2, 1 - 2 formation.
If this interpretation is correct the third and most powerful wave is likely underway and should give way for higher price action in coming days.
As always traders dont forget to leave a like and comment below and most importantly hit the follow button.
Trade safe and see u soon.