Possible PEMA confluence on the daily. Expect either price to crossover or a test with bearish confirmation. Weekly pivot trend analysis says we should be taking shorts more often this week. Today's daily pivots tell me we are slightly bearish but I will look for price to trade in a tighter range throughout this session which may lead to a breakout session on Friday.
Also, note the thick red dotted line is a major POC. If the price is above I am overall bullish and if the price is below I am overall bearish. Taking intraday trades in the direction of this line plus daily sentiment will help.
Please comment if you agree or disagree. Let's chat!
Also, note the thick red dotted line is a major POC. If the price is above I am overall bullish and if the price is below I am overall bearish. Taking intraday trades in the direction of this line plus daily sentiment will help.
Please comment if you agree or disagree. Let's chat!
Get more in-depth analysis on my website: joerodtrades.substack.com
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Get more in-depth analysis on my website: joerodtrades.substack.com
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。