4h on left showing hma and dmi setting up to bear cross. However, current di- structure presents potential bull div with LL price on Jan 31 not reflected in HH on Di- within DMI.
Sell pressure still present but projected targets downside (post mercy pomp on 30m to 3841, give or take) would be mid level, 3796, 3786, 3768 , and 3754. From current HOD @ 3843, all targets to 3754 are feasible based on 1d atr @ roughly 89 pts.
Weekly atr @ 146 pts; from the current low @ 3656 to the High @ 3843, we've done roughly 128% of the weekly atr all to the upside. Current price @3829 is roughly 167 pts or 112% of the weekly atr from the weekly low.
Possible to push higher? Always, but probabilities would favor a dip.
Across the board: 4h bearish , 1d bullish , 1W bearish
Appreciate the risk.
Sell pressure still present but projected targets downside (post mercy pomp on 30m to 3841, give or take) would be mid level, 3796, 3786, 3768 , and 3754. From current HOD @ 3843, all targets to 3754 are feasible based on 1d atr @ roughly 89 pts.
Weekly atr @ 146 pts; from the current low @ 3656 to the High @ 3843, we've done roughly 128% of the weekly atr all to the upside. Current price @3829 is roughly 167 pts or 112% of the weekly atr from the weekly low.
Possible to push higher? Always, but probabilities would favor a dip.
Across the board: 4h bearish , 1d bullish , 1W bearish
Appreciate the risk.
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.