Wolves,
We have a H&S pattern forming on the 1H chart with RSI bearish divergence also appearing (yellow) indicating a possible drop pending which would confirm the head pattern.
We currently have 2 trend line supports - short term (yellow) and the ascending wedge (blue), if we fall through both, this would confirm the head pattern and could see us head back to the 7850 mark before a bounce, thus starting the right shoulder pattern.
Action to take - If we fall through the short term support (yellow) I will open a short, starting with a relatively small position and adding to it once we break the ascending wedge support (blue)
Short targets -
Short term
8600-8650
8500-8550
8400-8450
8200-8250
7950-8000
Mid term
6600-6700
4800-5000
We have a H&S pattern forming on the 1H chart with RSI bearish divergence also appearing (yellow) indicating a possible drop pending which would confirm the head pattern.
We currently have 2 trend line supports - short term (yellow) and the ascending wedge (blue), if we fall through both, this would confirm the head pattern and could see us head back to the 7850 mark before a bounce, thus starting the right shoulder pattern.
Action to take - If we fall through the short term support (yellow) I will open a short, starting with a relatively small position and adding to it once we break the ascending wedge support (blue)
Short targets -
Short term
8600-8650
8500-8550
8400-8450
8200-8250
7950-8000
Mid term
6600-6700
4800-5000
註釋
Heres a look at the bigger picture - 交易進行
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。