(1) Weekly Trend: Bull & form Week Triangle.
(2) Daily Trend: Lightly Bear to reach the transection btw D1 Median Line and Low Trendline of Week Triangle.
(3) SME200: Price bounced again and again around SME200 which is lightly bull.
(4) Price touch the short-term trendline within Week Triangle.
My Forecast: Price will bounce up @ short-term trend line (3,4). If price breaks this trendline, price will reach to the transection (2) and bounce up!
(2) Daily Trend: Lightly Bear to reach the transection btw D1 Median Line and Low Trendline of Week Triangle.
(3) SME200: Price bounced again and again around SME200 which is lightly bull.
(4) Price touch the short-term trendline within Week Triangle.
My Forecast: Price will bounce up @ short-term trend line (3,4). If price breaks this trendline, price will reach to the transection (2) and bounce up!
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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.