Could the Simple MA 200 at Daily chart (I used 1200 on the 4H chart) be the resistance I was looking for?
Could this be the forming of the head of the H&S pattern at 4H chart?
A small double top at 1H. Monitor the 1H for better entry. Could have a good change to enter within the next few hours. 44400-44800 looks like a good place to scout for price rejection.
Trade cautiously!
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Could this be the forming of the head of the H&S pattern at 4H chart?
A small double top at 1H. Monitor the 1H for better entry. Could have a good change to enter within the next few hours. 44400-44800 looks like a good place to scout for price rejection.
Trade cautiously!
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Note
Selloff might be coming soon.Target 43k support
Trade closed: target reached
Target came & go pretty fast!
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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.
Related publications
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.