Surgut falling
Weekly
Flat, suppose to be long
Very strong old support on 24
Daily
Flat with slightly lowering price
Support on 26
4H
Downtrend, weak, assume low volumes.
All going to test 26 - psychological level
RSI convergnece down
Volumes bearish
1H
Since 22 of October power downtrend
RSI oversold. No higher than 50.
Stohastic also shown true oversold.
Seems it is a power trend which could brake 26.
On Gann price in downtrend, however successfully tested 1\1
30min and 15 min
Bearish bars have more power and look aggressive.
Now the pullback is going to end. Here I place entry
Considering short
ENTRY 26.550
SL 26.700
TP 26.040
RR 3.30
Flat, suppose to be long
Very strong old support on 24
Daily
Flat with slightly lowering price
Support on 26
4H
Downtrend, weak, assume low volumes.
All going to test 26 - psychological level
RSI convergnece down
Volumes bearish
1H
Since 22 of October power downtrend
RSI oversold. No higher than 50.
Stohastic also shown true oversold.
Seems it is a power trend which could brake 26.
On Gann price in downtrend, however successfully tested 1\1
30min and 15 min
Bearish bars have more power and look aggressive.
Now the pullback is going to end. Here I place entry
Considering short
ENTRY 26.550
SL 26.700
TP 26.040
RR 3.30
Trade active
Entered in trade at 29 of OctoberNow the price in upper Gann levels,
It could be not so as expected, 2/1 Gann level will be tested soon
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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.