Here's my trading plan!
See the ascending triangle pattern trying to break-out of $10,000? Well, if that breaks I'd be short term bullish till $10,500. If that breaks and confirms too, I'd be basically bullish.
However, if it reverses from $10,500 and goes on to test $9500, I'd be looking for a broadening top formation which is long-term bearish but will look to run a $11,000 top.
Invalidation of $9450 (the ascending triangle will call the end for me).
The bullish bias is stronger as it seems like the long-term bearish trend-line on the log scale has been broken again.
See the ascending triangle pattern trying to break-out of $10,000? Well, if that breaks I'd be short term bullish till $10,500. If that breaks and confirms too, I'd be basically bullish.
However, if it reverses from $10,500 and goes on to test $9500, I'd be looking for a broadening top formation which is long-term bearish but will look to run a $11,000 top.
Invalidation of $9450 (the ascending triangle will call the end for me).
The bullish bias is stronger as it seems like the long-term bearish trend-line on the log scale has been broken again.
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.