Support holding in around long-term trendline/short-term EMAs; a possible good sign for the bottom-pattern but it does rule out a potential inverse head-and-shoulders.
Still, we can indicate a neckline (solid blue) for this pattern which is roughly tangent off the second bottom. This leaves a rather close consolidation window where 'critical' support is at short-term EMAs and 'critical' resistance at long-term.
Keep in mind that a positive price cross of short -> long, or price crossing above 200EMA (divergence), generally indicates a buy-signal. Critical resistance would then revert back to 3200-3250 ascending triangle neckline with the assumption we follow bottom-pattern.
If price is rejected we likely fall back down to the long-term 'low' (solid red). If this occurs I'll re-add the generated bat pattern.
Still, we can indicate a neckline (solid blue) for this pattern which is roughly tangent off the second bottom. This leaves a rather close consolidation window where 'critical' support is at short-term EMAs and 'critical' resistance at long-term.
Keep in mind that a positive price cross of short -> long, or price crossing above 200EMA (divergence), generally indicates a buy-signal. Critical resistance would then revert back to 3200-3250 ascending triangle neckline with the assumption we follow bottom-pattern.
If price is rejected we likely fall back down to the long-term 'low' (solid red). If this occurs I'll re-add the generated bat pattern.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.