I see an accumulation of energy in YUMC
zone 59.35-60.97 is seems to involve buyers and sellers into a fight.
If buyers win - you will see 1D closed >61.00 and this will be a signal to open long position. (Also climbing higher than 61 will put 1W candle into a green one, which provides more safety in long)
If buyers lose- you will see 1D closed <59.35. And it will be good chance to open short position on retest 59.35 from downside.
zone 59.35-60.97 is seems to involve buyers and sellers into a fight.
If buyers win - you will see 1D closed >61.00 and this will be a signal to open long position. (Also climbing higher than 61 will put 1W candle into a green one, which provides more safety in long)
If buyers lose- you will see 1D closed <59.35. And it will be good chance to open short position on retest 59.35 from downside.
Nota
good start. Waiting for close >61
Nota
there is no power of buyers. let 's see what closing of 1D will be...
Nota
wait for long signal (cl > 61$)Nota
1D close > 60.97. Chart seems to go up!
be carefull and put stop. I expect 3-5$ movement
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Penafian
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Telegram, ideas, and articles (UKR)
t.me/SVTRADINGIDEAS
t.me/SVTRADINGIDEAS
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.