There are just too many probabilities in this market at the moment:
(1) Currently, it has reached a resistance level as shown from the three tops areas.
(2) Secondly, there seems to be formation of a Bilateral Ascending Triangle which usually dictates that a market in such a situation could take up any direction when it has completed the formation of that triangle.
(3) Thirdly, there also looks to be formation of a Rising wedge which is usually an indication of a reversal.
With these in mind, I wouldn’t open a position with such uncertainties. I’d probably wait to see a Bearish or Bullish Engulfing candlestick pattern, to give me the go-ahead to open a position.
(1) Currently, it has reached a resistance level as shown from the three tops areas.
(2) Secondly, there seems to be formation of a Bilateral Ascending Triangle which usually dictates that a market in such a situation could take up any direction when it has completed the formation of that triangle.
(3) Thirdly, there also looks to be formation of a Rising wedge which is usually an indication of a reversal.
With these in mind, I wouldn’t open a position with such uncertainties. I’d probably wait to see a Bearish or Bullish Engulfing candlestick pattern, to give me the go-ahead to open a position.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.