• Weekly- bearish breakout from bullish trend
• Daily- breakout from rising wedge
- MACD crossover signalling bearish move
- Retest of 38.00% fib level
• 4 Hour- bullish move towards 38.80% fib which I will look to take short position from
- This is further signalled by bullish crossover
• Hourly – MA about to crossover and will look to short once pullback is broken
• Verdict – will look to short once pullback is broken.
• Daily- breakout from rising wedge
- MACD crossover signalling bearish move
- Retest of 38.00% fib level
• 4 Hour- bullish move towards 38.80% fib which I will look to take short position from
- This is further signalled by bullish crossover
• Hourly – MA about to crossover and will look to short once pullback is broken
• Verdict – will look to short once pullback is broken.
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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.
Related publications
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.