Reasons why I think this may well happen:
1. On the daily chart c=.62 x a (a fairly common event)
2. On the 2 hour chart .c=.a (a fairly common event)
3. On the weekly chart price is almost to the midline of the channel
4. On the weekly chart we have a positive reversal on the RSI.
5. On the daily chart we have positive reversal on the RSI followed by a bullish divergence.
Does this mean that for sure price will rise? No It means to me that there is a good chance it will. SO it is a good time to follow closely and watch for price action to confirm and also to give you a stop if it it reverses if you go long.
As Always: Process your way.
PALL is a stock which moves with Paltinum futures. If interested look it up.
1. On the daily chart c=.62 x a (a fairly common event)
2. On the 2 hour chart .c=.a (a fairly common event)
3. On the weekly chart price is almost to the midline of the channel
4. On the weekly chart we have a positive reversal on the RSI.
5. On the daily chart we have positive reversal on the RSI followed by a bullish divergence.
Does this mean that for sure price will rise? No It means to me that there is a good chance it will. SO it is a good time to follow closely and watch for price action to confirm and also to give you a stop if it it reverses if you go long.
As Always: Process your way.
PALL is a stock which moves with Paltinum futures. If interested look it up.
Nota
Maybe today we see a reversal?
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.