WFE 0.00% 2.4¢ winmar resources limited

Hi everyone,Sorry if this chart has been posted already, but...

  1. 211 Posts.
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    Hi everyone,

    Sorry if this chart has been posted already, but super bullish now!

    What ever I throw at it, is being respected! (Exception of head & shoulders but read below why its still valid)

    Trend is respected - fell back from its run and now moving back up.
    Elliot Waves in play, currently entering traditionally the biggest run, to number 5.
    Heads and shoulders - if you don't include the outbreak, which had a lot of hype not much set in stone, disregard it and you have a perfect H&S formation.
    Bounced off the 61.8 fibs and was moving up before the TH.
    RSI is not over bought, also bullish
    Bollinger band upper side - bullish.

    I will be entering hopefully* at 2.4c with a SL at 2.2 for a risk to reward of 4x
    Note this is purely technical analysis trading, FA imo will make the SL unecessary but its how I trade TA

    IMO if we break 2.8c we will test 3.2c  resistance before falling back to trend for another run up.
    33% profit if my buy goes through, well done to all holders who got in early.

    Exciting times ahead! All IMO DYOR not trading advice.
 
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