Is this down leg finished?
If we accept that as a finished pattern, then we could have:
1st scenario:
2nd scenario:
Or:
Educational:
Darvas box theory is a technical tool that allows traders to target stocks with increasing trade volume. The Darvas box theory is not locked into a specific period, so the boxes are created by drawing a line along the recent highs and recent lows of the period the trader is using.
Action plan:
Watch for price action!
My calculations: possibly retest 288 this week!
Best,
If we accept that as a finished pattern, then we could have:
1st scenario:
2nd scenario:
Or:
Educational:
Darvas box theory is a technical tool that allows traders to target stocks with increasing trade volume. The Darvas box theory is not locked into a specific period, so the boxes are created by drawing a line along the recent highs and recent lows of the period the trader is using.
Action plan:
Watch for price action!
My calculations: possibly retest 288 this week!
Best,
Note
287.77Note
288.34Note
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.