The market was going down for a while now, with few pullbacks on the supporting blue line.
When volumes increased we noticed a strong break of the support. A powerful move not giving anymore room for a short entry.
Market gave us a signal of return to the support line which is now a resistance line.
Line that have seen some past pullbacks, therefore, we look at possibility of pullback or a break of that line for a change of market trend.
When volumes increased we noticed a strong break of the support. A powerful move not giving anymore room for a short entry.
Market gave us a signal of return to the support line which is now a resistance line.
Line that have seen some past pullbacks, therefore, we look at possibility of pullback or a break of that line for a change of market trend.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.