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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Declinazione di responsabilità
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.