WILL AEM GO UP OR DOWN?
LT
LHLL + Y1>Y2 + NO POWER DOWN = WEAK DOWNTREND
ST
HHHL + Y1>Y2 + NO POWER UP = WEAK UPTREND
W&R bullish line = 0.210; bearish line = 0.170
NO TP & DIRECTION YET
In my opinion, don't take any action first until W&R reversal signal appear: either up or down.
There is no strong indicator for any direction. Still need some time to monitor.
LHLL + Y1>Y2 + NO POWER DOWN = WEAK DOWNTREND
ST
HHHL + Y1>Y2 + NO POWER UP = WEAK UPTREND
W&R bullish line = 0.210; bearish line = 0.170
NO TP & DIRECTION YET
In my opinion, don't take any action first until W&R reversal signal appear: either up or down.
There is no strong indicator for any direction. Still need some time to monitor.
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.