all 6h indicators showing good directional movement. looking for 70-100% trade from entry of 66-68 ish.
Thoughts? 122% trade on extension. safe take profits at 89%
consolidating well, has broken down trend, forming a pennant and indicators showing oversold on longer timeframes.
burst cup and handle forming, looking to handle to bottom around the 50% retrace of the cup height, if it moves above we should be looking at wave 3 taking off for over 100% trade target over 900! (0)
Indicators negative on 1D charts atm so might go sidways for a few days before resuming.
NXT looking more like a buy now, good support, order book balanced, over sold on all timeframes, TD seq counted 9 for trend reversal, MACD squeezed as well. everything pointing in the up direction. Thoughts
flagging and support looks confirmed on the 30 + 1 hr charts. room to grow.
What are your thoughts?