Let's understand multi timeframe analysis for 
TITAN.
Weekly TF -
TITAN has been trading in a falling wedge pattern (LH-LL) and has recently re-tested a major demand zone. A bullish engulfing candlestick has been formed. There's an additional confluence of Harmonic Cypher PRZ around 1880.
Daily TF -
Bullish RSI divergence has been seen on daily TF. Price gaped up and did a breakout from a falling wedge structure. Short term bullish entry can be taken if price retraces back to 2080 level which was acting as a resistance earlier.
TITAN.Weekly TF -
TITAN has been trading in a falling wedge pattern (LH-LL) and has recently re-tested a major demand zone. A bullish engulfing candlestick has been formed. There's an additional confluence of Harmonic Cypher PRZ around 1880.Daily TF -
Bullish RSI divergence has been seen on daily TF. Price gaped up and did a breakout from a falling wedge structure. Short term bullish entry can be taken if price retraces back to 2080 level which was acting as a resistance earlier.
Заметка
Price reversed as per the analysis and moved higher.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.