Pros: The price has rejected a weekly resistance level and broke the rising wage. It is now retesting the trendline of the rising wage at the 0.50 Fibonacci Retracement level. The price also failed to make a higher high and instead made a lower low. This level has acted as both support and resistance and has recently been respected.
Cons: On the daily and 4H charts, the price closed above the 50EMA, suggesting that it may rally up during the Asian Session to reach the 0.618 level. Before, opening a SELL position, I would wait for a few hours to identify the market direction at least 1-2 hours after Tokyo opens on Monday morning.
Cons: On the daily and 4H charts, the price closed above the 50EMA, suggesting that it may rally up during the Asian Session to reach the 0.618 level. Before, opening a SELL position, I would wait for a few hours to identify the market direction at least 1-2 hours after Tokyo opens on Monday morning.
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.