December 11, 2020 at 03:20PM
• Twitter rising inside impulse waves 3 and (3)
• Likely to reach 52.80
Twitter continues to rise inside the minor upward impulse wave 3 – which belongs to the medium-term upward impulse wave (3) from the start of October.
The price earlier broke the resistance level 47.90 intersecting with the 61.8% Fibonacci retracement of the earlier downward correction (2).
Twitter is expected to rise further toward the next resistance level 52.80 (top of the previous impulse wave (1) and the target price for the completion of the active impulse wave 3)
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/twitter-wave-analysis-11-december-2020-20201211/
Selected by fonecable.com
Search Web: Twitter Wave Analysis 11 December, 2020
Recent Posts
- Crude Oil Over Crypto
- US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
- Cathie Wood & Ark: Insiders Aren’t Buying the Hype
- Breaking News: ECB Holds Rates, Setting up July and September for Fireworks
- Currency Carry Trade: What is it and how does it work?
