Disclaimer: This is not investing advice. Please use your own due diligence before investing.
I am still pretty new to the technical analysis and am looking for input. It appears there is an interesting wedge here as the short-term position appears to be trading at the lower end of the Range with the MFI on a very low side. The overall trend looking back appears for a negative position. However, there might be a couple days of positive increase as the MFI rises. Exit Position is if MFI gets to around 30-45 range.
I am curious people's thoughts on this position.
I am still pretty new to the technical analysis and am looking for input. It appears there is an interesting wedge here as the short-term position appears to be trading at the lower end of the Range with the MFI on a very low side. The overall trend looking back appears for a negative position. However, there might be a couple days of positive increase as the MFI rises. Exit Position is if MFI gets to around 30-45 range.
I am curious people's thoughts on this position.
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.