HACK analysis for the upcoming week
Updated
HACK:
1) Long term Bullish, see weekly chart
2) Short term Bearich, but have bottomed out: Why
a) 50/50 RSI is about to cross from below upwards
b) Prices have break through the kumo-cloud
c) prices closed at the top 25% of range on 2 consecutive bar
d) Indicators are all labelled red
Action: I will go long when all of the following are lined up:
a) 50/50 RSI is about to cross from below upwards ...... DONE
b) Prices break through the kumo-cloud.................... DONE
c) prices closed at the top 25% of range ................... preferably but not ideal
d) Prices bars color change to green (this shows the beginning of an up trend) ....... NOT YET SEEN
e) The conversion line (green) above the base line (RED)...... NOT YET
f) Weekly chart is BUllish ....... DONE
1) Long term Bullish, see weekly chart
2) Short term Bearich, but have bottomed out: Why
a) 50/50 RSI is about to cross from below upwards
b) Prices have break through the kumo-cloud
c) prices closed at the top 25% of range on 2 consecutive bar
d) Indicators are all labelled red
Action: I will go long when all of the following are lined up:
a) 50/50 RSI is about to cross from below upwards ...... DONE
b) Prices break through the kumo-cloud.................... DONE
c) prices closed at the top 25% of range ................... preferably but not ideal
d) Prices bars color change to green (this shows the beginning of an up trend) ....... NOT YET SEEN
e) The conversion line (green) above the base line (RED)...... NOT YET
f) Weekly chart is BUllish ....... DONE
Note
a) 50/50 RSI is about to cross from below upwards ...... DONE b) Prices break through the kumo-cloud.................... DONE
c) prices closed at the top 25% of range ................... Donr
d) Prices bars color change to green (this shows the beginning of an up trend) ....... NOT YET SEEN
e) The conversion line (green) above the base line (RED)...... NOT YET
f) Weekly chart is BUllish ....... DONE
Note
a) 50/50 RSI is about to cross from below upwards ...... DONE b) Prices break through the kumo-cloud.................... DONE
c) prices closed at the top 25% of range ................... preferably but not ideal
d) Prices bars color change to green (this shows the beginning of an up trend) ....... NOT YET SEEN
e) The conversion line (green) above the base line (RED)...... DONE
f) Weekly chart is BUllish ....... DONE
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