The Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following:
The TWII index has cut downwards the KUMO. Now the Index in under the KUMO, under the Tenkan Sen and Kijun Sen too. The weekly diagram is bearish.
So the first think in mind is the case of a further decline under the KUMO. MACD and RSI are bearish.
There is no special candlestick pattern except the red (bearish) full candlestick There is no special general pattern.
Short for EMA 200. Stop loss above the KUMO.
The TWII index has cut downwards the KUMO. Now the Index in under the KUMO, under the Tenkan Sen and Kijun Sen too. The weekly diagram is bearish.
So the first think in mind is the case of a further decline under the KUMO. MACD and RSI are bearish.
There is no special candlestick pattern except the red (bearish) full candlestick There is no special general pattern.
Short for EMA 200. Stop loss above the KUMO.
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