BYND bullish EW Projection

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Anticipating BYND starting another move up, all signs point to a completed correction with a tight consolidation. Volume decreasing, tightening RSI and a tight TTM squeeze on the 1hr, 2hr and 4hr.

١٨ أكتوبر ٢٠٢٠

ملاحظة

Alternate short-term bearish scenario can pull us down to 172-174 before moving back up. Will be watching for a strong price reversal first before placing any trades.

١٨ أكتوبر ٢٠٢٠

ملاحظة

٢٣ أكتوبر ٢٠٢٠

ملاحظة

BYND has instead continued with the bearish scenario outlined above, it's now reached the buy area and I'm looking for bottoming action to confirm and hoping to enter a longer-duration trade.