TOTAL 2 - Finding support, Trend break on mid-term draw down?
Keep an eye on TOTAL2 Chart
strong close sees TOTAL2 attempting to break mid-term down trend
Heavy Bearish sentiment but some positive signs for short to mid-term trades
Resistance and support marked
In the unlikely scenario we break above marked neck line on inv' H&S, obviously things will shift very rapidly
Positive indicators on Daily:
MACD bullish cross
RSI breaking trend
Viewed in context of Macro trend:
strong close sees TOTAL2 attempting to break mid-term down trend
Heavy Bearish sentiment but some positive signs for short to mid-term trades
Resistance and support marked
In the unlikely scenario we break above marked neck line on inv' H&S, obviously things will shift very rapidly
Positive indicators on Daily:
MACD bullish cross
RSI breaking trend
Viewed in context of Macro trend:
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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.