Typical M-Top pattern is busy unfolding - see the M-pattern on the chart.
From my previous comment: August 23, 2019
Almost difficult to agree, but sometimes one must believe what the charts are telling. Market psychology!
The red line is the upper two standard deviations range, highlighting an overextended price action to the upside. One can expect rand strength.
Upper two standard deviation is also giving a lead to mean reversion.
Downside momentum starting to unfold. See the MACD histogram.
Time to exit: +/- 9 September 2019
From my previous comment: August 23, 2019
Almost difficult to agree, but sometimes one must believe what the charts are telling. Market psychology!
The red line is the upper two standard deviations range, highlighting an overextended price action to the upside. One can expect rand strength.
Upper two standard deviation is also giving a lead to mean reversion.
Downside momentum starting to unfold. See the MACD histogram.
Time to exit: +/- 9 September 2019
交易結束：目標達成
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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。