Morning everybody,
So yeterday we said that now it's time to search setups for short entry. Yesterday market has climbed a bit higher and now it is easy to identify H&S shape here.
It means that 3900 area - right arm top again will become the key. Upside breakout will mean H&S failure and upside continuation.
Downside turn around 3900 suggests validity of bearish sentiment and downside continuation. So, this is the level where as bulls as bears will make a decision on position taking.
We need just wait a bit, when market will be there.
So yeterday we said that now it's time to search setups for short entry. Yesterday market has climbed a bit higher and now it is easy to identify H&S shape here.
It means that 3900 area - right arm top again will become the key. Upside breakout will mean H&S failure and upside continuation.
Downside turn around 3900 suggests validity of bearish sentiment and downside continuation. So, this is the level where as bulls as bears will make a decision on position taking.
We need just wait a bit, when market will be there.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
