D rising wedge into resistance.looking for a W Lower high.
I still took a lDaytrade Long here at the H rounding bottom for a 4h HL as its retesting prior Value area highs. - but I dont think BULLS have enough steam to take out W resistance.
Often its better to get consolidation under ATH resistance and find new buyers and then attack resistance and thats the psychology of a cupnhandle patttern.
We usually assume there are some short stops above the resistance.
lets see.
D rising wedge into resistance.looking for a W Lower high.
If this doesn´t work the W Cunhandle would be nice in 4h OS and FIB .382 area.
I have 4 TImeframes open and I suggest you try the same.
I still took a lDaytrade Long here at the H rounding bottom for a 4h HL as its retesting prior Value area highs. - but I dont think BULLS have enough steam to take out W resistance.
Often its better to get consolidation under ATH resistance and find new buyers and then attack resistance and thats the psychology of a cupnhandle patttern.
We usually assume there are some short stops above the resistance.
lets see.
D rising wedge into resistance.looking for a W Lower high.
If this doesn´t work the W Cunhandle would be nice in 4h OS and FIB .382 area.
I have 4 TImeframes open and I suggest you try the same.
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.