We are in an UT that can be seen on the 1D. The recent HH has formed just above a major trendline and a new probable HL looks to have formed. I am waiting for the retest of that HL and a break in the PA trendline.
However, also seen on the 1D chart is a break in the RSI trendline (shown in black). When that is put in the context of the recent test of the major falling trendline (in green on the 1W chart), I think we will shortly see a trend reversal. So I would treat this current proposed trade as a counter-trend trade and keep a close eye on it. Here are the 1D and 1W charts.
However, also seen on the 1D chart is a break in the RSI trendline (shown in black). When that is put in the context of the recent test of the major falling trendline (in green on the 1W chart), I think we will shortly see a trend reversal. So I would treat this current proposed trade as a counter-trend trade and keep a close eye on it. Here are the 1D and 1W charts.
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.