H2 time frame.
HIgher time frame downtrend structure, price tends to rise to Key level 70.00 then price breaks the trendline.
Price formed a double top reversal pattern with a divergence signal.
However, the bullish structure remains and there is no bearish confirmation yet.
Wait for the price to drop below the price of 67.00 and have a bearish confirmation to find a selling opportunity.
Profit target after price confirmation is 62.00.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
HIgher time frame downtrend structure, price tends to rise to Key level 70.00 then price breaks the trendline.
Price formed a double top reversal pattern with a divergence signal.
However, the bullish structure remains and there is no bearish confirmation yet.
Wait for the price to drop below the price of 67.00 and have a bearish confirmation to find a selling opportunity.
Profit target after price confirmation is 62.00.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Website: tradafx.net/
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.