POV: MAHASEAMLES - DROP - BASE - RALLY
POV: MAHASEAMLES - DROP - BASE - RALLY
Chart Reading:
Background:
On December 3rd, I entered this stock at a swing high breakout after observing the following parameters:
1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level.
2. This was followed by a Double Top pattern (B1 - B2).
3. Momentum and trend aligned perfectly, indicating synchronization.
This entry provided the expected move with unexpected speed, reaching Target 1.
Today, I observed another significant pattern currently forming: DROP - BASE - RALLY.
If the upcoming session gives a pullback before crossing the gap zone,
it would present a strong setup to aim for the pattern target and Target 2.
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
Chart Reading:
Background:
On December 3rd, I entered this stock at a swing high breakout after observing the following parameters:
1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level.
2. This was followed by a Double Top pattern (B1 - B2).
3. Momentum and trend aligned perfectly, indicating synchronization.
This entry provided the expected move with unexpected speed, reaching Target 1.
Today, I observed another significant pattern currently forming: DROP - BASE - RALLY.
If the upcoming session gives a pullback before crossing the gap zone,
it would present a strong setup to aim for the pattern target and Target 2.
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
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