A few conferencing factors here to look at that may all be indications of a change in trend.
1. Price has made a higher high
2.Engulfing candle on 200, 50 & 20 ema
3. possible retest at support area around .98500
I will be keeping an eye this to see this is in fact just a retest of the .98500 support area on the daily.
Very possible to see a double bottom around .98500 before shooting upwards.
Thoughts?
1. Price has made a higher high
2.Engulfing candle on 200, 50 & 20 ema
3. possible retest at support area around .98500
I will be keeping an eye this to see this is in fact just a retest of the .98500 support area on the daily.
Very possible to see a double bottom around .98500 before shooting upwards.
Thoughts?
Note
Confluences*** not conferences lol =)Note
TP HIT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.