https://www.tradingview.com/x/I3SfSaU6/
After K2 break up and established a support line, K3 and K4 test the line for two times.
The volume of the retrace test is relatively low, it seems to be a successful test,
and the price will continue to go up.
However the background is still bear market, and the volume of K2 is less than k1, K2 is most likely a fake up behavior.
The support line maybe not solid enough to start a bull market.
K4 is a bearish engulfing candle to K3, the volume of K4 means the demand pressure had dropped to the lowest level.
If the price up to test 28476 in the coming days, the supply pressure sharply increase there,
I will try to short it(28200-28500), stop loss set at 29200.
After K2 break up and established a support line, K3 and K4 test the line for two times.
The volume of the retrace test is relatively low, it seems to be a successful test,
and the price will continue to go up.
However the background is still bear market, and the volume of K2 is less than k1, K2 is most likely a fake up behavior.
The support line maybe not solid enough to start a bull market.
K4 is a bearish engulfing candle to K3, the volume of K4 means the demand pressure had dropped to the lowest level.
If the price up to test 28476 in the coming days, the supply pressure sharply increase there,
I will try to short it(28200-28500), stop loss set at 29200.
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.