- Weekly price level where a swing failure or strong reversal happened are marked in Blue
- Blue prices are areas where I am looking for a swing trade with perhaps wider stop loss
- Some blue prices coincide well with Fib levels - worth using this as further confirmation
- We have trend lines, Fib levels and also weekly swing levels for added confirmation
- Cannot rule out that the rebound may already began at the mid bollinger band - only a close below the weekly mid bb will indicate further weakness - but if next week close and trade above then higher is possible
- Dollar index may give further clues - a wave 4 completion - wave 5 lower to support the above thesis of higher euro?
- Blue prices are areas where I am looking for a swing trade with perhaps wider stop loss
- Some blue prices coincide well with Fib levels - worth using this as further confirmation
- We have trend lines, Fib levels and also weekly swing levels for added confirmation
- Cannot rule out that the rebound may already began at the mid bollinger band - only a close below the weekly mid bb will indicate further weakness - but if next week close and trade above then higher is possible
- Dollar index may give further clues - a wave 4 completion - wave 5 lower to support the above thesis of higher euro?
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.