TENCENT | Wave projection - Bullish Divergence Possible Rebound?
Price action and chart pattern trading: a possible rebound scenario
> Elliott Wave projection - falling zigzag ABC correction wave channel now at C-wave 0.786 extension of A-wave at the key level support.
> Downtrend target reversal position of the major top HEAD & SHOULDERS with double bullish divergence signal
> Target rebound > SMMA 50 key upper resistance POC
> Elliott Wave projection - falling zigzag ABC correction wave channel now at C-wave 0.786 extension of A-wave at the key level support.
> Downtrend target reversal position of the major top HEAD & SHOULDERS with double bullish divergence signal
> Target rebound > SMMA 50 key upper resistance POC