Day:
The price has tested a larger DB this week. Yesterday closed with a stong reversal candle [whilst testing the larger DB]. I can see strength building up to break out of the 3 months sideways movement and make new higher highs.
PS. week is looking stronger [than day] and a close over the 'last' strong resistance [in S50H21] at 978 will most probably take the price up north. Although, going into the continuous [S50] contract, there is a resistance zone from 988 to 1000, that might very well give up a fight but a test of the top of the channel would nice at around 1040.
2H:
About to break out of a DB, from a long term TPO support, ema150 week might give the price a retest of the DB and a nice point to go Long, as I don't like breakouts from DBs.
The price has tested a larger DB this week. Yesterday closed with a stong reversal candle [whilst testing the larger DB]. I can see strength building up to break out of the 3 months sideways movement and make new higher highs.
PS. week is looking stronger [than day] and a close over the 'last' strong resistance [in S50H21] at 978 will most probably take the price up north. Although, going into the continuous [S50] contract, there is a resistance zone from 988 to 1000, that might very well give up a fight but a test of the top of the channel would nice at around 1040.
2H:
About to break out of a DB, from a long term TPO support, ema150 week might give the price a retest of the DB and a nice point to go Long, as I don't like breakouts from DBs.
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.