Hi all,
As commented yesterday, it was of great importance for the current setup to see how price reacts when hitting $235. So, it was rejected twice already in the last 24 hours, which makes the path towards $240 quite hard.
We are caught in the $240-$230 zone since Friday, but the daily chart pattern that is being formed starts to look a lot like a bear pennant. I would be careful with longs.
Cheers,
As commented yesterday, it was of great importance for the current setup to see how price reacts when hitting $235. So, it was rejected twice already in the last 24 hours, which makes the path towards $240 quite hard.
We are caught in the $240-$230 zone since Friday, but the daily chart pattern that is being formed starts to look a lot like a bear pennant. I would be careful with longs.
Cheers,
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.