Hi All,
Trend analysis
Pegasus has a deep crab on 1 month chart
aggressive volume..
Has already reached tp2 first recession fall
Then pullback 0.618 reached..
Look at that where is end of the B Watch be careful 0.618, 0.786, 0.886 or below 1 retractement level
We dont know that is expanded or regular so B can break A or not
From now on If you trade on this stock, Watch week to week close price on weekly chart, analysis candle formation doji, hammer, evening star, engulfing, harami, three inside down, three outside down, dark cloud, black crow something like that in order to confirm end of the B
Good luck
Ht.
Trend analysis
Pegasus has a deep crab on 1 month chart
aggressive volume..
Has already reached tp2 first recession fall
Then pullback 0.618 reached..
Look at that where is end of the B Watch be careful 0.618, 0.786, 0.886 or below 1 retractement level
We dont know that is expanded or regular so B can break A or not
From now on If you trade on this stock, Watch week to week close price on weekly chart, analysis candle formation doji, hammer, evening star, engulfing, harami, three inside down, three outside down, dark cloud, black crow something like that in order to confirm end of the B
Good luck
Ht.