C98 target 0.54
1D time frame
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Since last analysis of C98, we have already took profit, link as below, and here is the new one.
C98 is completing a bottom head and shoulders, and retesting the support of neckline. We use first Fibonacci Projection to estimate the target from HS is around 0.56, and use 2nd one on the new wave from 0.2 to 0.42, then can have target at 0.53. According to both Fib Projection results, we set an appropriate resistance zone as final target.
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TP: 0.53~0.56
SL: 0.299
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Last analysis (Hi Target)
-
Since last analysis of C98, we have already took profit, link as below, and here is the new one.
C98 is completing a bottom head and shoulders, and retesting the support of neckline. We use first Fibonacci Projection to estimate the target from HS is around 0.56, and use 2nd one on the new wave from 0.2 to 0.42, then can have target at 0.53. According to both Fib Projection results, we set an appropriate resistance zone as final target.
-
TP: 0.53~0.56
SL: 0.299
-
Last analysis (Hi Target)
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✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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