After multiple rejections of 0.5950, we saw a huge stimulus of buying which has now taken price up to the 0.6400 zone.
We have recently seen rejections in this area, and what is noticeable is that the most recent price action appears to be slowing down, with the higher highs and lows not significantly advancing.
Is this a sign to exit any buy positions and anticipate sells?
This is an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
We have recently seen rejections in this area, and what is noticeable is that the most recent price action appears to be slowing down, with the higher highs and lows not significantly advancing.
Is this a sign to exit any buy positions and anticipate sells?
This is an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
Low-Cost Trading, for everyone, everywhere.
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.
Low-Cost Trading, for everyone, everywhere.
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.