Key points;
1) False break. Price shot through resistance (old highs) then reversed back underneath it.
2) ADX is too weak to suggest a strong weekly trend
3) Lower lows and lower close compared to last week
4) Weekly uptrend level has already been broken, and thus has transitioned into a sideways / range bound pattern. Thus selling high levels / buying low levels is appropriate.
5) MACD-Signal difference has contracted week on week
6) RSI is not oversold so timing is reasonable
As always DYOR
1) False break. Price shot through resistance (old highs) then reversed back underneath it.
2) ADX is too weak to suggest a strong weekly trend
3) Lower lows and lower close compared to last week
4) Weekly uptrend level has already been broken, and thus has transitioned into a sideways / range bound pattern. Thus selling high levels / buying low levels is appropriate.
5) MACD-Signal difference has contracted week on week
6) RSI is not oversold so timing is reasonable
As always DYOR
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。