Here is why:
- Price broke all time highs, therefore there is evidence of price going higher
- The monthly, weekly and daily candlestick closures are showing evidence that price is definitely going higher.
- On the 4 hour timeframe I can see that price has reached a major level of resistance. However, there is no convincing rejection, indicating that price is going higher.
- I would have to wait for a convincing buy pattern, before I enter long. Therefore I am waiting for buy confluences to form on the 4 hour timeframe. Moreover, I would have to wait for the New York session before I make any move.
- Price broke all time highs, therefore there is evidence of price going higher
- The monthly, weekly and daily candlestick closures are showing evidence that price is definitely going higher.
- On the 4 hour timeframe I can see that price has reached a major level of resistance. However, there is no convincing rejection, indicating that price is going higher.
- I would have to wait for a convincing buy pattern, before I enter long. Therefore I am waiting for buy confluences to form on the 4 hour timeframe. Moreover, I would have to wait for the New York session before I make any move.
Uwaga
My target is 41,700
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.