With price failing to establish higher high and higher low, I believe a correction is due. It's clearly now we have several rejections from a major SNR and the likelihood price will go down at least for a short period. As MA 50 D has been acting as SNR since Nov 2020, I think price will go down as far as 83.953 or perhaps 82.925 before the trend is established again.
I will be very careful with all the J pairs as most of them have been up trending for a long period and some of them seems due correction such as E/J and N/J.
I will be very careful with all the J pairs as most of them have been up trending for a long period and some of them seems due correction such as E/J and N/J.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.