Bullish Context: Monthly uptrend, weekly uptrend
Price Position: Near last month low
Pattern: price has shaped daily uptrend (higher low and higher high); weekly higher low is set
This is an opportunity for LONG play with profit target near previous month high. In order for this setup to work price must first break through synthetic diagonal resistance; in case of pullback bulls must protect last daily low (881)
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
Price Position: Near last month low
Pattern: price has shaped daily uptrend (higher low and higher high); weekly higher low is set
This is an opportunity for LONG play with profit target near previous month high. In order for this setup to work price must first break through synthetic diagonal resistance; in case of pullback bulls must protect last daily low (881)
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
Nota
Buyers were able to break through diagonal resistance. Day closed weak but not as weak as it could be if sellers were strong. If tomorrow opens above 950 and price holds this will be a signal for buyersNota
Today closed bearish but value zone overlaps with previous day's value. This is bullish sign. Ordine annullato
major price gap down open on the news about Q3 results anouncement
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.