NIO further rise.

NIO further rise. It can be seen from the analysis that a double fractal structure is built. It can also be seen that the size of the second fractal is twice the size of the initial fractal . Therefore, the next wave sequence may be an accumulation range. Then, stepping up from this range, a second ascending sequence can be built. The target price for this is 90.14 usd


+1 Reply
meszaros importantCode12562
Great chart, thank you! Where do you think it’ll go now after this giant dip?
I think nio started to build its momentum for a while and its about to shoot
time to buy, great chart
meszaros mkahaf
@mkahaf, Thank you very much.
All about the TP's with fractal corridors. That's why they are so effective, enables the great RR's.
meszaros freddie1996
@freddie1996, Thanks for the post. I agree with you. Fractals are the natural descriptive equations of the universe. It should be used in a place where a lot of data is present. The stock market is like that. That's why it seems to work very well. But there is another factor. Automatic trading. They now account for 75% of trades. Currently, there are still few, nearly 50%, of automation with artificial intelligence. But their effect is already visible in price movements. Artificial intelligences are primarily designed for “self-learning movement shape trading” (as an engineer, I dealt with this topic a lot).
freddie1996 meszaros
@meszaros, Thanks, I'm looking at some books and resources to read to learn more about it. Do you have any recommendations and have you come across Vladimir Poltoratskiy's books?
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