Delta bounced, what's next?
מעודכן
As you can see, Delta managed to bounce back again after re-testing the "37.82" support level for the third time, forming a possible triple bottom pattern, in which a trend change to the upside is expected. Looking at my chart, I expect Delta to breakthrough both "0.786" resistance levels on both the Fibonacci retracement and channel, rallying all the way to touch the supertrend line/200ema target. At those levels, I would expect a pullback to re-test the "0.786" Fib retracement to confirm support, and then the rally continues, trading back again above the 200 ema.
This is not financial advise, but just an idea of a possible scenario we may encounter on the next few days. Likewise, it is possible that my idea gets affected by news/actions that may affect the overall market. I will try to update on this idea for the next few days.
This is not financial advise, but just an idea of a possible scenario we may encounter on the next few days. Likewise, it is possible that my idea gets affected by news/actions that may affect the overall market. I will try to update on this idea for the next few days.
עסקה סגורה: היעד הושג
Position closed at 41.70
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.