Analysis:
bigger timeframe: uptrend
smaller timeframe : downtrend
price formation compressed & make rising wedge pattern.
Strategy :
short until price touch nearest demand zone (blue box at 39.6 - 40.00)
long after significant reversal pattern after touching demand zone.
Disclaimer:
There's no 100% accurate prediction & strategy. Force majeure & institutional trader action maybe happen any time. Please use your money management well.
bigger timeframe: uptrend
smaller timeframe : downtrend
price formation compressed & make rising wedge pattern.
Strategy :
short until price touch nearest demand zone (blue box at 39.6 - 40.00)
long after significant reversal pattern after touching demand zone.
Disclaimer:
There's no 100% accurate prediction & strategy. Force majeure & institutional trader action maybe happen any time. Please use your money management well.
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.
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.