Potential future moves. We sit neutral without a confirmation on either moves.
1. We may see a bounce off the newly formed trend line that has been touched twice (now three times), up to our neckline where we break and continue a bullish trend.
2. We may see price continue a bearish move, where buyers will try to gain momentum/control of the market again (to continue the newly formed uptrend), fail and we continue the major downtrend (zoom out)
This is just speculation with slight analysis. Wait for confirmation on lower time frames for a detailed look of what price action is currently doing.
This will allow you to pinpoint the perfect entry.
1. We may see a bounce off the newly formed trend line that has been touched twice (now three times), up to our neckline where we break and continue a bullish trend.
2. We may see price continue a bearish move, where buyers will try to gain momentum/control of the market again (to continue the newly formed uptrend), fail and we continue the major downtrend (zoom out)
This is just speculation with slight analysis. Wait for confirmation on lower time frames for a detailed look of what price action is currently doing.
This will allow you to pinpoint the perfect entry.
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.