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umur.ozkul
1 lip 2018 20:23

KEY short. Drop in regression band with a possible H&S Short

Opis

Key is dropping. There are 2 possible support levels. Current order book is validating the lower support level for trend reversal

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First support reached

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There is still a head and shoulders possibility

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It reacheched a support level now (358). It is trying to stop there

If support fails, the lowest support it will go down to is 268

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Waiting for support confirmation

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Still not confirmed...

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Still crashing.
There is a pattern
1 small rise
2 small drop
3 possibly bigger rise
4 crash!

Each episode is approx 7 hours. Killing the traders that believe the bottom is found.

Zlecenie zamknięto ręcznie



End of short. Out of Regression Band
Komentarze
ReneEin
Hi! How low it will go? what do you think?
umur.ozkul
@ReneEin, It reacheched a support level now (358). It is trying to stop there

If support fails, the lowest support it will go down to is 268
ReneEin
@umur.ozkul, how u see key next couple month?
umur.ozkul
@ReneEin, I cant say anything that far.
In the short term, it will make a bubble upto 600 and than crash again. Long term is beyond TA
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