Mixed signals on different TF's but follow this triangle and long or short based on the either breakout.
I would be really cautitious to open long anywhere around 5700 area- just wait and only long on new ATH break.
for 1D - everything is overbought and few signs of trend reversal.
4HR - tenkan and kijun about to cross - i would pay attention to that.
I would be really cautitious to open long anywhere around 5700 area- just wait and only long on new ATH break.
for 1D - everything is overbought and few signs of trend reversal.
4HR - tenkan and kijun about to cross - i would pay attention to that.
Note
is it a real rising wedge? Will come to know soon. watch these two dotted lines carefully. I am no bear no bull. Just observing.
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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.