The price has breakout the short term down trend line and stand up on the group of MAs. Guppy EMAs are processing gold cross now. MACD divergency displayed in 4 hours timeframe. It is moving up to the long term down trend channel top line area, there would be possibility to break up the down trend channel and move to North.
There would be some sideway shocking in following time, so, we could entry long in multiple positions. If the direction going wrong (continue south), it still has chance to safely close the long trades.
There would be some sideway shocking in following time, so, we could entry long in multiple positions. If the direction going wrong (continue south), it still has chance to safely close the long trades.
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.