That was a loud morning (close to EUR's session). ~100DOWN/~100UP/~100DOWN thereabouts. TP on the last SHORT idea due to the failure to break beyond double bottom.
Going LONG, but being cautious of the turmoil in Ukraine:
1) Rising trend in RSI (Bulls are putting up a defense)
2) CCI weak LONG signal (after all the ping pong-ing) & Weak RSI LONG signal
3) MACD Divergence (Raising MACD & Flat Pricing Lows) - I rarely use divergenc - I mostly use MACD crosses to confirm CCI signals
4) Danske went LONG at 169.9 (supposedly, according to their updated public disclosure last night, need to wait until tonight to see if they actually did)
Needs to break all the converging MAs to confirm HOLDING LONG, and will TAKE PROFIT if it doesn't seem like it will.
Tight STOP with Ukraine Issues.
Going LONG, but being cautious of the turmoil in Ukraine:
1) Rising trend in RSI (Bulls are putting up a defense)
2) CCI weak LONG signal (after all the ping pong-ing) & Weak RSI LONG signal
3) MACD Divergence (Raising MACD & Flat Pricing Lows) - I rarely use divergenc - I mostly use MACD crosses to confirm CCI signals
4) Danske went LONG at 169.9 (supposedly, according to their updated public disclosure last night, need to wait until tonight to see if they actually did)
Needs to break all the converging MAs to confirm HOLDING LONG, and will TAKE PROFIT if it doesn't seem like it will.
Tight STOP with Ukraine Issues.
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.