Hi Traders!
According to this idea, the market is going to break
the daily Trendline bearish towards the next daily Support.
Here are some indications which supports our view:
If you have any kind of question or a different point of view, feel free to comment!
Thanks and successful Trading :-)!
According to this idea, the market is going to break
the daily Trendline bearish towards the next daily Support.
Here are some indications which supports our view:
- First Lower High after a sequence of higher Highs
- Market at weekly Resistance - Break was rejected three times for now
- MACD shows decent Divergence
- Distance of higher Highs getting shorter
- Weekly Trend is downwards, this Up-Movement could be interpreted as a 38.2% Fib' Retracement
If you have any kind of question or a different point of view, feel free to comment!
Thanks and successful Trading :-)!
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.