Analysis
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 short strait fork (over the upper parallel). Previous week's levels.
- Orange: H1 short fork (over the upper parallel). Previous day's levels.
- Institutional investors are leaving the market.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Long correction, short trend. If the H1 fork falls, it is long. The range market has a great chance.
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 short strait fork (over the upper parallel). Previous week's levels.
- Orange: H1 short fork (over the upper parallel). Previous day's levels.
- Institutional investors are leaving the market.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Long correction, short trend. If the H1 fork falls, it is long. The range market has a great chance.
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.