We can see a small uptrend forming on the 1 hour timeframe.
Let's see how the price reacts around the trendline and the marked are of support and resistance.
Potential buys if we get a rejection from both the trendline and marked area of support/resistance.
Alternatively, if the price breaks through the area of support and resistance and the trendline, we can wait for a break and retest for potential sells.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
Let's see how the price reacts around the trendline and the marked are of support and resistance.
Potential buys if we get a rejection from both the trendline and marked area of support/resistance.
Alternatively, if the price breaks through the area of support and resistance and the trendline, we can wait for a break and retest for potential sells.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
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.