6300-6320 seems as nearest target
Morning everybody,
Flat action here gives small space for analysis, but, on daily chart we have two DiNapoli grabbers that suggest taking of recent lows and triangle/pennant consolidation.
Since MACD trend shows up, while price mostly stands flat - it points on bearish dynamic pressure. So, it makes us think that downside action could start soon and nearest target is 6300-6320, which is mostly intraday one.
Flat action here gives small space for analysis, but, on daily chart we have two DiNapoli grabbers that suggest taking of recent lows and triangle/pennant consolidation.
Since MACD trend shows up, while price mostly stands flat - it points on bearish dynamic pressure. So, it makes us think that downside action could start soon and nearest target is 6300-6320, which is mostly intraday one.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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.