We have a lot of shorts opening right here (at the lows) which gives us a sign that the downtrend could be coming to an end.
We are now at the high of a channel that we were previously looking at and that was respected very well.
So lots of shorts at support = likely bounce.
Doesn't mean we will bounce for sure, but it is something to be aware of, the fib golden pocket at 46.1 - 46.5k is a still a possible target.
I personally opened a small long here, I would like to see a reclaim of VWAP and dOpen on the LTF as well.
Of course, I will update you as always when needed
Any questions?
Good luck traders
Remember not to break your rules
Habib
We are now at the high of a channel that we were previously looking at and that was respected very well.
So lots of shorts at support = likely bounce.
Doesn't mean we will bounce for sure, but it is something to be aware of, the fib golden pocket at 46.1 - 46.5k is a still a possible target.
I personally opened a small long here, I would like to see a reclaim of VWAP and dOpen on the LTF as well.
Of course, I will update you as always when needed
Any questions?
Good luck traders
Remember not to break your rules
Habib
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.