Start of the week analysis:
On the weekly chart we can see a structure forming on the NEAR chart. This is a form of a W which means that when the W forms we will have a huge price action to the upside. On the daily we can clearly see a descending triangle. In general this indicates a bearish pattern for the short term and would mean that we will be consolidating a bit more before going back up. At the moment we need to focus on the weekly chart where the bullish W structure is forming.
On the weekly chart we can see a structure forming on the NEAR chart. This is a form of a W which means that when the W forms we will have a huge price action to the upside. On the daily we can clearly see a descending triangle. In general this indicates a bearish pattern for the short term and would mean that we will be consolidating a bit more before going back up. At the moment we need to focus on the weekly chart where the bullish W structure is forming.
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.