POLYGON on the monthly is currently in the Demand zone and in an descending triangle. One observation from prior months is that when there is a bullish candle in this zone there is bullish activity. However, descending triangles have the possibility to be bearish.
The positives are that we have a bullish candle in the Demand Zone and some unfilled Wicks above that zone and we have healthy RSI readings. The negatives are is that it is in a descending triangle, and still in a down trend and global events and socioeconomic events could stir the markets. Have a great day
The positives are that we have a bullish candle in the Demand Zone and some unfilled Wicks above that zone and we have healthy RSI readings. The negatives are is that it is in a descending triangle, and still in a down trend and global events and socioeconomic events could stir the markets. Have a great day
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.