Price bounced many times at the Green Support-Zone. It's the same level where the Huge Pendulums Fork Center-Line is (white-dashed).
Next, we have the Yellow Fork.
Price traded outside the L-MLH, bounced a couple times at the Support-Zone and eat up time.
But now, I think the "Plate" is almost empty.
Why? Price arrived at a decision point, a confluence point. This confluence point is where the Warning-Line and Price intersect.
To me, a Long Trade is more likely than a Short.
- world wide tensions
- so many bounces at the Support-Zone, they won't let price go down much
- price has not re-tested the L-MLH of the Yellow Pitchfork
As this is a very long term play, it's obvious that this Chart/Idea would serve to build a position, rather than using it as a simple trade.
Next, we have the Yellow Fork.
Price traded outside the L-MLH, bounced a couple times at the Support-Zone and eat up time.
But now, I think the "Plate" is almost empty.
Why? Price arrived at a decision point, a confluence point. This confluence point is where the Warning-Line and Price intersect.
To me, a Long Trade is more likely than a Short.
- world wide tensions
- so many bounces at the Support-Zone, they won't let price go down much
- price has not re-tested the L-MLH of the Yellow Pitchfork
As this is a very long term play, it's obvious that this Chart/Idea would serve to build a position, rather than using it as a simple trade.
Dagangan aktif
On the Daily it starts to gain momentum:
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.