RSI trending upward and price action above 200 EMA. Price is also at a critical junction (bottom end of 2 standard deviation linear regression).
On this basis there is more upside potential than downside and I've entered a long position at 1279.
Expect a price rise to resistance of 1293 with expectation to price rise of 1300+ in mid term.
On this basis there is more upside potential than downside and I've entered a long position at 1279.
Expect a price rise to resistance of 1293 with expectation to price rise of 1300+ in mid term.
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.