Last week, we had a market decline from Monday to Thursday, and the price returned from Friday.
This week it seems that we will have a bullish market.
And the reasons:
- The price is in the discount area. (below the 50% Fibo line)
- The pattern of cup and handle has also been formed (for those friends who like patterns)
- Swing low (daily) has been hitted.
So this time I will be looking for long positions and I predict that the big move will be formed around Thursday.
This week it seems that we will have a bullish market.
And the reasons:
- The price is in the discount area. (below the 50% Fibo line)
- The pattern of cup and handle has also been formed (for those friends who like patterns)
- Swing low (daily) has been hitted.
So this time I will be looking for long positions and I predict that the big move will be formed around Thursday.
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.