The price are currently still ranging between the ascending channel since march but showing multiple sell pattern
- Ascending channel since march
- Head n shoulder since mid of july (right arm almost completed as the price could not break out higher)
- Small ascending channel to complete the right arm of the smaller head n shoulder since mid of sept.
The price break out lower and forming a possible smaller ascending channel correction to confirm the market direction.
Price might rebound or breakout from the low of the bigger ascending channel but there is still a good risk-reward for sell entry.
- Ascending channel since march
- Head n shoulder since mid of july (right arm almost completed as the price could not break out higher)
- Small ascending channel to complete the right arm of the smaller head n shoulder since mid of sept.
The price break out lower and forming a possible smaller ascending channel correction to confirm the market direction.
Price might rebound or breakout from the low of the bigger ascending channel but there is still a good risk-reward for sell entry.
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.