Setup
Bearish: Potential long term top.
Bearish engulfing candlestick from multi-year highs
RSI has dropped from 70 overbought
Signal
Fakeout: Looking for rebound to stall near the former resistance at 174.
RSI bearish divergence, taken out support
Caution: uptrend line has held so far. A break would confirm trend reversal.
Too early to trade the reversal?
Would you weait for a breakdown first ?
Let's discuss
Ta, Jasper
Bearish: Potential long term top.
Bearish engulfing candlestick from multi-year highs
RSI has dropped from 70 overbought
Signal
Fakeout: Looking for rebound to stall near the former resistance at 174.
RSI bearish divergence, taken out support
Caution: uptrend line has held so far. A break would confirm trend reversal.
Too early to trade the reversal?
Would you weait for a breakdown first ?
Let's discuss
Ta, Jasper
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Market Analyst for:
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spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
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.
Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
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.