WAVES broke the longterm trendline. After being consolidated above this trendline, WAVES seems bouncing soon.
It's likely that a H&S pattern is going to be formed.
With this scenario, I think that WAVEs would make 50% profit from here.
The referenced TP is the MA 200D level and the SL should be below EMA 50D.
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WAVES is leading the market. The breakout of the neckline is nice
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A H&S pattern was formed . The neckline had been broken and successfully retested.
WAVES is going up toward the target
WAVES is going up toward the target
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WAVES strongly bounces today. Let's see if target would be reached soon
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WAVES is moving again. May be the last move to target?
Prices are at the neckline of an inverted H&S...