Hi traders,
This is an update to my previous ideas, see related ideas in the section below. With where we are at, I would discount any bearish inclinations at the moment. We'll likely bounce back a few more times but each time with less force and ultimately we'll break through the that pesky 200D EMA
Currently fighting some major resistance and the 10D EMA
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
This is an update to my previous ideas, see related ideas in the section below. With where we are at, I would discount any bearish inclinations at the moment. We'll likely bounce back a few more times but each time with less force and ultimately we'll break through the that pesky 200D EMA
Currently fighting some major resistance and the 10D EMA
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
Note
First attempt at 8888 got denied... Funny that this is the resistance. Gotta love our Asian traders. However, we're still being supported by our trend line in purple and our RSI support is still holding. Likely we're get a nice bounce off both the structure trend line and the RSI trend line.
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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.
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.