Not and a potential long trend

6 de nov. de 2024

It seems that the bull market just started and I have this scenario for NOT in a 1 hour time frame, what do you guys think? The price started to raise from a double bottom pattern, the 20, 50 and 100 emas crossed each other from the bottom to top indicating an uptrend, besides the prices has started to range in the fibo level of 50% and also I can see a bullish candle. I draw Elliot Waves that are clearly formed but as always the market is unpredictable so what do you think of this analysis? Do you agree? Let me see your comments but please be kind hehehe