Hindenburg Omen signal and points to watch
Updated
- Hindenburg Omen signal exists on 22 november and then we saw a sharp fall yesterday.
( The Hindenburg Omen is a technical indicator that was designed to signal the increased probability of a stock market crash)
- Although prices have increased Rsi is in a decreasing trend since the beginning of year,
- First of all i will follow the support level of schiff pitchfork at around 3800$
- Ema200 support is around 3350$
- As far as i see the main trend support level is about 2300$
Fed's position is very important, Hawks or Doves?
I'm on the hawks side, i will be watching these support levels.
If i'm wrong about Fed's position, i will start to follow schiff pitchfork's channel resistance points.
What about you? Please share your comments.
*Not an investment advice
( The Hindenburg Omen is a technical indicator that was designed to signal the increased probability of a stock market crash)
- Although prices have increased Rsi is in a decreasing trend since the beginning of year,
- First of all i will follow the support level of schiff pitchfork at around 3800$
- Ema200 support is around 3350$
- As far as i see the main trend support level is about 2300$
Fed's position is very important, Hawks or Doves?
I'm on the hawks side, i will be watching these support levels.
If i'm wrong about Fed's position, i will start to follow schiff pitchfork's channel resistance points.
What about you? Please share your comments.
*Not an investment advice
Note
we are approaching the targetNote
Never take my personal opinions as investment advice, you may lose your money.
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.