Trendline – Drawn from the low made on Feb 24, connecting to the lows made on Mar 13 & 15.
MACD – Negative Divergence. Even though we made a higher high on Mar 28 than seen on Mar 2, there was a lower MACD produced. Usually we like to see the MACD make higher highs, as the underlying instrument makes higher highs.
Gap- The Gap created on Mar 27 has been filled. This needed to be done before we move higher.
Long Entry- If looking to get long, don’t chase this. 43,000ish would be a nice pull back, and it would also test the up trendline.
MACD – Negative Divergence. Even though we made a higher high on Mar 28 than seen on Mar 2, there was a lower MACD produced. Usually we like to see the MACD make higher highs, as the underlying instrument makes higher highs.
Gap- The Gap created on Mar 27 has been filled. This needed to be done before we move higher.
Long Entry- If looking to get long, don’t chase this. 43,000ish would be a nice pull back, and it would also test the up trendline.
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.
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.