A Powerful Bearish TOTAL (1.618/*/1.618/4.236) pattern spotted in the NZDCAD 15-mins timeframe price structure right now (with a nice developed bearish-flag - breaking-down).
A Strong Short in my book.
Signs from the other indicators:
- Ichimoku has crossed-over (but is only still considered slightly bearish & is also still somewhat neutral) But do note that the 26-Period (Yellow) is already turning-downwards (which always certainly means a bearish price-action move to follow!)
- The AO is still indicating only weak-bearishness.
- The MACD is already bearish (but certainly not a strong one).
But I will still not hesitate to Short this nonetheless.
A Strong Short in my book.
Signs from the other indicators:
- Ichimoku has crossed-over (but is only still considered slightly bearish & is also still somewhat neutral) But do note that the 26-Period (Yellow) is already turning-downwards (which always certainly means a bearish price-action move to follow!)
- The AO is still indicating only weak-bearishness.
- The MACD is already bearish (but certainly not a strong one).
But I will still not hesitate to Short this nonetheless.
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.