KAVA DESCENDING TRIANGLE
Güncellendi
KAVA is just at the end of a DESCENDING TRIANGLE which is normally a CONTINUATION pattern or BEARISH PATTERN.
DAILY TF we are breaking to the upside, but if it does not complete it is a FAKE OUT and we will see a RETRACMENT.
If it completes we have the targets as follows.
ENTRY 5.7-6.0
TARGET 1 $6.5
TARGET 2 $7.1
TARGET 3 $7.5
TARGET 4 $8.2
TARGET 5 $9.50 ATH
STOP LOSS $4.5 SPOT
STOP LOSS $5.4-5.6 3X LEVERAGE
NOT FINANCIAL ADVICE!
DAILY TF we are breaking to the upside, but if it does not complete it is a FAKE OUT and we will see a RETRACMENT.
If it completes we have the targets as follows.
ENTRY 5.7-6.0
TARGET 1 $6.5
TARGET 2 $7.1
TARGET 3 $7.5
TARGET 4 $8.2
TARGET 5 $9.50 ATH
STOP LOSS $4.5 SPOT
STOP LOSS $5.4-5.6 3X LEVERAGE
NOT FINANCIAL ADVICE!
Not
HIDDEN BULLISH DIVERGENCE ON RSI.
Feragatname
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