Weimob #2013 has 2 chances of bottom singal. Now it comes to trendline resistance, will continue break above or pull-back? Let's keep monitor on the PLF indicator if Winner % rise to > 50, then would see the uptrend continues. Happy trading :)
Short term analysis : YELLOW CANDLE indicates short-term high point reversal signal. Sell after price fall below lowest price of the previous yellow candle. Banker Chip Collection represents a series of buying activities when a stock fell a lot. Buy after price rises above the last BCC bar corresponding candle's highest price. Disclaimer: This is for tutorial...
It seem xauusd going to be sideway range (1770 - 2000) for a while. Wait for PLF profit chip to increase again. Trend Wave main line running flat.
INDICATOR ANALYSIS: PLF - Profit chip in control, Losing chip 0% TREND WAVE - Mid of uptrend, just start another round of uptrend after pull-back
Indicator: PLF :- No profit chip! TREND WAVE : In bearish trend (main line is yellow colour, red candle below yellow main line), possible short term pull-back but resistance at trendline.
Forecast Bitcoin BTCUSD still going to be sideway range in short term. No divergence in PLF indicator between recent 2 high points.