Hello folks, =P
Looking at the 4hr chart of Nano, we can see that it had a correction after a parabolic move and bounced from the golden ratio of the Fibonacci retracement.
it is too early to say and it's just a hypothesis at the moment, but seems like it is creating an inverted head and shoulder which is a bullish sign.
*this chart is just for the educational purpose, I'm a noob chartist and I just publish this idea to improve my self and get some feedback about it! please share me your ideas about it. =P *
Looking at the 4hr chart of Nano, we can see that it had a correction after a parabolic move and bounced from the golden ratio of the Fibonacci retracement.
it is too early to say and it's just a hypothesis at the moment, but seems like it is creating an inverted head and shoulder which is a bullish sign.
*this chart is just for the educational purpose, I'm a noob chartist and I just publish this idea to improve my self and get some feedback about it! please share me your ideas about it. =P *
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If you look at the 1 hour chart after my post last night, Nano created a bull flag and just broke above it of it. The target of the bull flag is going to be the neckline of the head and shoulder.
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