VanEck Gold Miners ETFTelah dikemas kini GDX - Bull Flag on Weekly - Waiting for Bullish Trend to Confirm
I will update once the trend on Weekly turns bullish on GDX to confirm entry. Not entered
GDX is bullish in pattern formation currently.
We are at the end of the bull flag pattern. Ready for next leg up.
Price recently crossed 10WeekMA which confirms bullish trend.
RSI trend has also consolidated similar to price pattern.
Longer Weekly RSI trend (yellow) is bullish. Intermediate term trend (white wedge) is bullish breakout pattern.
I am waiting for Weekly trend to confirm bullish trend for entry. Market is too fickle for early entry.
I will update once I see the Weekly trend turn.
If anyone wants me to take a look in between chart updates, contact via PM. No problem.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC
GDX is bullish in pattern formation currently.
We are at the end of the bull flag pattern. Ready for next leg up.
Price recently crossed 10WeekMA which confirms bullish trend.
RSI trend has also consolidated similar to price pattern.
Longer Weekly RSI trend (yellow) is bullish. Intermediate term trend (white wedge) is bullish breakout pattern.
I am waiting for Weekly trend to confirm bullish trend for entry. Market is too fickle for early entry.
I will update once I see the Weekly trend turn.
If anyone wants me to take a look in between chart updates, contact via PM. No problem.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC
Pesanan dibatalkan
GDX did not breakout to confirm entry.Fed Repo liquidity keeping market up is affecting entry.
Watching for current wedge to end around February.
I will update chart with current pattern.
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.