$NIO 5 WAVES CONTINUATION PATTERN !!
After a first wyckoff spring failed trial, 
NIO is showing a 5 waves technical pattern that generally introduces a trend continuation. Wyckoff Spring is not over yet, we might expect a spring if the market's conditions are good next week.
For me this trade is worth trading with a nice risk/reward ratio with a stop-loss just under previous low and 55 simple moving average.
GO NIO !!!
NIO is showing a 5 waves technical pattern that generally introduces a trend continuation. Wyckoff Spring is not over yet, we might expect a spring if the market's conditions are good next week.For me this trade is worth trading with a nice risk/reward ratio with a stop-loss just under previous low and 55 simple moving average.
GO NIO !!!
Trade attivo
"Most continuation patterns are 5 waves" -Dr. David Paul on Nio, 19/02/2021
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