Boeing Company (The)Short
4H3P // Eventual Buy opportunity // Short @D
4H chart // 3 Patterns: (bearish)
Crab pattern with a target for point D around previous structure highs; (161.8% extension - 155$)
Sell at D, in this set the price can eventually fall to test again the support at 127% (the 2nd default target for this pattern)
Gartley, with a target for point D around 127% extension from AB leg, synced with the AB=CD basic pattern target level; In this case, the both default targets are very close at 38.2% and 61.8% fib retracement;
Buy Low, Sell High...
I think we are a good buy position, the risk / reward is acceptable, we have a good support beneath our feet, I hope not to freeze them inside those icy waters;
Safe Trades;
open.spotify.com/track/0845HqTr6DYmaxIEESBmSz
Crab pattern with a target for point D around previous structure highs; (161.8% extension - 155$)
Sell at D, in this set the price can eventually fall to test again the support at 127% (the 2nd default target for this pattern)
Gartley, with a target for point D around 127% extension from AB leg, synced with the AB=CD basic pattern target level; In this case, the both default targets are very close at 38.2% and 61.8% fib retracement;
Buy Low, Sell High...
I think we are a good buy position, the risk / reward is acceptable, we have a good support beneath our feet, I hope not to freeze them inside those icy waters;
Safe Trades;
open.spotify.com/track/0845HqTr6DYmaxIEESBmSz
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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