DRO droneshield limited

DRO - Chart and TA., page-2755

  1. 805 Posts.
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    " Been working on pattern sequence for DRO looking at 3month TF, there is a case when compared to BTC pattern sequence (both new assets) we see a $3.50 -$4.00 top, correct once again to just take out recent swing low, then go on the bigger move to the high being 11$ target, as previously mentioned this is a 6year macro cycle target. "

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    I greatly appreciate your charts and knowledge, I only wish I was aware of it years ago ... I am convinced now by the market trading cycles, markets are fluid like anything else ... they go up & down and react in short instance TF's to announcements or negative news, but then slowly recover to join their macro market cycle again - this is how I see it. Folks say ' a charts only tells you where it been ' while this is part true, it's not correct ... Lol

    I'm trying to understand what you mentioned :

    You indicated a 6yr cycle, does that mean we are currently looking at the 6th ( this being the last year ) of the macro TF for DRO ?
    In your comment above, looking at the 3m TF you see a possible $3.50-4 top for DRO and a final top target of possibly $11 toward the end of the 6yr macro DRO cycle. ?

    I'm learning all the time regarding your macro cycle and the TD phase .... that's actually what led me to jump onto Droneshield in Jan.
    TD Sequential Explained:
    • The TD Sequential indicator is designed to identify potential trend reversals and locate probable tops and bottoms in asset prices.

    • It consists of two phases: a "setup" phase and a "countdown" phase.

    • The setup phase identifies potential buy or sell setups, and the countdown phase confirms the trend reversal.

    • The indicator generates numbers on the chart, from 1 to 9 in the setup and 1 to 13 in the countdown, indicating the potential for a reversal.

    • A completed setup or countdown, particularly 9 in setup or 13 in countdown, can suggest a potential trend reversal.

    Last edited by onthecash: 18/05/25
 
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