hey guys i've been following snap for a long time. i expect further drop in long term but at the moment we may see a bounce.
i drew an ABCD extension and also at the bottom of the price action there is a possible inverse H&S pattern here.
and if you take a look at the weekly STOCH RSI has crossed and RSI is at the oversold position
if the neckline broken up with a good volume buying may be considered. target is red line.
i drew an ABCD extension and also at the bottom of the price action there is a possible inverse H&S pattern here.
and if you take a look at the weekly STOCH RSI has crossed and RSI is at the oversold position
if the neckline broken up with a good volume buying may be considered. target is red line.
Commento:
Commento:
very good wedge and wolfe wave pattern
Trade chiuso: obiettivo raggiunto