Daily Timeframe
H1 Timeframe
Other Notes
- In early October, price failed to push a higher high so we do need to be cautious of a double-top risk
- Price is crossing back above EMA20 so that is a good indication of upside momentum
- EMA20 is quite far from EMA60, which means price is quite over-extended
H1 Timeframe
- Price crosses above the descending trend line on Sunday's market open, which is a good sign that there's upside momentum
- When pice crossed above the DTL and the EMA band, it did revert back and make a quick bounce, indicating that this is holding
Other Notes
- Be cautious and reduce size because of the potential double-top formation on the daily timeframe
- Sunday's market open might also mean unpredictable momentum during the Asian session and the rest of the week
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.