Price continues to maintain above 1885 critical preventing H1 20-to-50EMA crossover.
With closes established at H1 50EMA we can assume a strong hold + increased chance of recovery.
Keep in mind that extension of the long-term double-top pattern is still viable if crossover occurs.
The chart has been changed to H4 for a long-term view.
A few things to note:
- The lower descending line (dashed green) has been removed
- The prior critical pricelines (dotted red) have been altered to either 'normal' (dashed black) or critical (solid black) pricelines
- The majority of former patterns have been extended including the long-term original ascending (solid red) which acts as a current resistance marker
- The cycle deviations (dotted purple) in view have been hidden for the time being
Look to close today above 1895, or H1 50EMA/H4 20EMA, to trigger enough buy volume to break red pattern.
tradingview.com/chart/gDBkksfy/
With closes established at H1 50EMA we can assume a strong hold + increased chance of recovery.
Keep in mind that extension of the long-term double-top pattern is still viable if crossover occurs.
The chart has been changed to H4 for a long-term view.
A few things to note:
- The lower descending line (dashed green) has been removed
- The prior critical pricelines (dotted red) have been altered to either 'normal' (dashed black) or critical (solid black) pricelines
- The majority of former patterns have been extended including the long-term original ascending (solid red) which acts as a current resistance marker
- The cycle deviations (dotted purple) in view have been hidden for the time being
Look to close today above 1895, or H1 50EMA/H4 20EMA, to trigger enough buy volume to break red pattern.
tradingview.com/chart/gDBkksfy/
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.