my trading style is either do long or neutral
i cant see the long entry in this price level,and more important current movement is making a continuation descending triangle,but its still halfway done to making a descending triangle
i must wait until the pattern is properly done and see the price reaction between resistance at 13912-13928 and strong support at 13818
theres 3 scenario
1.a continuation descending triangle with target at 13656 but carefull with 13760 strong support trendline
2.a fake continuation descending triangle and break a continuation descending triangle resistance trendline,i dont have proper target level if this scenario happen
3.a anomali that two of those scenario is invalid which price will do fast movement to make either new lower low or higher high since this week is week of NFP,Unemployment Rate
and Powell Speaks
i cant see the long entry in this price level,and more important current movement is making a continuation descending triangle,but its still halfway done to making a descending triangle
i must wait until the pattern is properly done and see the price reaction between resistance at 13912-13928 and strong support at 13818
theres 3 scenario
1.a continuation descending triangle with target at 13656 but carefull with 13760 strong support trendline
2.a fake continuation descending triangle and break a continuation descending triangle resistance trendline,i dont have proper target level if this scenario happen
3.a anomali that two of those scenario is invalid which price will do fast movement to make either new lower low or higher high since this week is week of NFP,Unemployment Rate
and Powell Speaks
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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.