Whether it can rise along the long-term uptrend line is the key

13 Feb 2023

Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------



---------------------------------------

(1D chart)
The key question is whether it can rise above the downtrend line and rise above 12716.0-12896.2.

If not, you need to make sure it is supported around 12119.2-12255.2.


Maintaining the price around 12119.2-12255.2 is of utmost importance to maintain the medium- to long-term bullish reversal.

However, in order to continue the mid- to long-term upward trend, the HA-High indicator on the 1W chart needs to fall a bit more so that it can fall.


If it falls below the uptrend line (1), you need to see if it finds support on zones 3 and 4.

-------------------------------------------------- -------------------------------------------

** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (tradingview.com/script/OUA6XoS6-HeikinAshi-MS-Signal-HA-MS/).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

---------------------------------

13 Feb 2023

Nota

The 103.494-104.738 section is an important section from a mid- to long-term perspective.

Therefore, the trend is expected to continue in the direction of exiting this interval.


A rise in DXY is likely to freeze the investment market, so be careful.

DXY's decline is expected to energize the investment market.

13 Feb 2023

Nota

13 Feb 2023

Nota

It remains to be seen if the price can break above the downtrend line and hold the price above 12497.5 after the next volatility period around February 20th.

13 Feb 2023

Nota

14 Feb 2023

Nota

It will be a matter of holding the price above 12497.5 after the volatility period around February 20th.



I think it needs to fall below 102.020 for the investment market to be active.

Therefore, it is necessary to check whether the price drops after receiving resistance in the 102.020-103.494 section.

Conversely, if it rises above the 104.738-105.873 range, the investment market is likely to enter a recession.