above you can see that prices are now consolidating i this triangular formation and any move above 10800 and 10950 could lead us to 11200- 11350 next major resistance zone
RSI showing strength and strong bullish divergence in 1h chart
100 MA in daily chart has already tested so no sign of weakness in short term
there could be a small pullback and prices could test 10350-10400 zone to shake weak hands and then a rally could lead us towards 11200-11350 zone.
RSI showing strength and strong bullish divergence in 1h chart
100 MA in daily chart has already tested so no sign of weakness in short term
there could be a small pullback and prices could test 10350-10400 zone to shake weak hands and then a rally could lead us towards 11200-11350 zone.
Trade active
ABC flat corrective formation has completed, and we've also tested 10950 levely exactly as predicted any move higher above this level could lead us to 11200-11350 zone and any major break below will lead us to 10600-10300 zone
Trade active
and the dump starts now as predicted, congratulations to shorters
Trade active
and...... it dumped perfectly:)
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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.