CAN: Head-and-shoulder bearish signal
As devastating as it is today, the worse is yet to come. It's possible that CAN retract for a day or two but the downtrend is inevitable and most likely won't stop for another %50 loss. This was not unforeseeable considering the gap that was about to be filled as you can see in white boxes.
Nota
Getting closer! I don't think it would be a straight shot down, it should bounce for a day or two in between before it hit my target. Let's see!Nota
I was the first to see this but someone else is getting the thumbs up! hahaNota
4 more dollars to go. That's 40% down. Do not go long on this ticker for now, and if you have long positions, you need to think about averaging down when it hits the rock bottom (7-8) or just trim it down.Nota
This timeline is extended but the target still looks valid.Nota
getting closer.Trade fechado: objetivo atingido
Nota
Followed the path as predicted. Happy Trading!
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.