what will be next? will we retrace? or we'll broke the resistance?
3 entry level point for the next cannabis bull run
Wait the pull back and buy with a little stop loss
Pull back after broke head and shoulders resistance line.
Dollar brokout and retested trendline against Yen Sl 111.70 Tp 114.20
Might be the end of the second corrective cycle. Enter 0.000051 Exit 0.000044 Risk 15%
Yen broke out and restest bearish trend-line against Dollar Long from 0.5 fib 111 SL 110.5 TP 114.3 Risk ratio 1:3
SP 64.28 25% LONG 68.45 75% LONG 66.48 TP1 71.18 TP2 73.58
We can go long now with small SL 1215 We can go short after the dinamic support will be break.
The 2014's one and the current bubble look pretty same... I compared them and found out that both are based on Elliot's waves. LOOK AT 2018 edition TO FIND SOME SIMILARITIES I suggest you to read this in order to understand Elliot's waves
The 2014's one and the current bubble look pretty same... I compared them and found out that both are based on Elliot's waves. LOOK AT 2014's edition TO FIND SOME SIMILARITIES I suggest you to read this in order to understand Elliot's waves
WAIT TOUCH DINAMIC RESISTENCE AND SELL FROM (2850) AIM FIBONACCI 0.61 LEVEL, EX BREACKEVEN POINT (2759)
SL 1.25 We can short from 1.1945 TP1 above 1.10 take 30% profit TP2 above 1.05