NIO Analysis

٢٢ سبتمبر ٢٠٢٢

Price played out well according to my last analysis. Right now, price has filled the fair value gap at 18.29. I'm expecting a bullish retracement within this POI. However, with the current macro environment, do wait for confirmations on a lower timeframe if you decide to enter this reversal. I will wait for the lows at 16.54 to be taken first and wait for confirmations.