POSITIONAL: EXPECTING A BIG BOUNCE IN UWT FROM 11.50 WITH SL 7

5.11.2019

UWT IS CURRENTLY SITTING ON 1 MONTH SUPPORT. IN LOWER TIME FRAME IT IS BOUNCING FROM 4 HOURS SUPPORT. THERE IS ALSO A GREEN CANDLE IN 2 AND 3 WEEKS SO IT IS EXPECTED TO BOUNCE ATLEAST UPTO 2 WEEKS (24) AND THEN A MINOR DROP AND THEN THE REAL BOUNCE. IT SEEMS LIKE UWT IS CHANGING ITS FACE UPWARDS BUT THE CONFIRMATION CANDLE IS NOT FORMED YET. CORE STRENGTH IS 1 MONTH.
IN NEXT WEEK UWT MIGHT BREAK 1 DAY RESISTANCE AND THEN TAKE SUPPORT FROM A LOWER TIME FRAME MAY BE FROM 4 OR 8 OR 12 HOURS AS PER THE ORANGE CANDLE PRESENCE AND THEN BOUNCE. LETS SEE.

CURRENT PRICE : 11.5
CORE STRENGTH : 1 MONTH
PROBABILITY : 90%
EXPECTED TIME OF OCCURRENCE : 9 MONTHS - 1 YEAR

TARGET 1 : 18
TARGET 2 : 23
TARGET 3 : 35
BUMPER TARGET : 43