I had placed a KAGI chart some days back, and that showed quite an oversold status. The regression analysis, as well shows we are in an oversold state, but not very extreme, but reasonable enough, and we are trading at the lower end of the channel.
Strategy unchanged view, and BUY current or add to LONG positions @ 102.00-102.35 and take profit @ 105.17 for now.
Strategy unchanged view, and BUY current or add to LONG positions @ 102.00-102.35 and take profit @ 105.17 for now.
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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.