I have used this chart often and have posted it here on a number of occasions with out the Bull Power Bear Power Histogram by CEYHUN active.
This is how the chart Looks when it is active.
This indicator calculates trading action to determine if a Candle is Bullish or Bearish and is VERY ACCURATE
And, Currently, Today's candle is GREEN, for the first time in a LONG TIME.
We can see how the candles have remained RED for most of the Drop in channel.
But now, while we sit on support on a Fib Speed Resistance Fan, we are GREEN.
Long Term, we can see that the climb back to current ATH could be tough. The VRVP on the right is clearly showing rising levels of resistance we climb higher.
Currently, we need to watch closely, to see that candle remain Green and that we do not loose support here.
I feel Bullish
This is how the chart Looks when it is active.
This indicator calculates trading action to determine if a Candle is Bullish or Bearish and is VERY ACCURATE
And, Currently, Today's candle is GREEN, for the first time in a LONG TIME.
We can see how the candles have remained RED for most of the Drop in channel.
But now, while we sit on support on a Fib Speed Resistance Fan, we are GREEN.
Long Term, we can see that the climb back to current ATH could be tough. The VRVP on the right is clearly showing rising levels of resistance we climb higher.
Currently, we need to watch closely, to see that candle remain Green and that we do not loose support here.
I feel Bullish
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.