Weekly Chart:
Bullish engulfing pattern
Daily Chart:
Bullish candle broken the short-term down trendline since 22nd May 2018
Watch out:
1. It might be pulled back to retest this down-term trendline
2. Mid-term down trend line since 5th Jan 2018
Action:
Good opportunity for long position
Bullish engulfing pattern
Daily Chart:
Bullish candle broken the short-term down trendline since 22nd May 2018
Watch out:
1. It might be pulled back to retest this down-term trendline
2. Mid-term down trend line since 5th Jan 2018
Action:
Good opportunity for long position
Note
Weekly Chart: Bullish candle act as a confirmation
Daily Chart:
Bullish candle act as a confirmation
Watch out:
1. Mid-term down trend line since 5th Jan 2018
Action:
Keep holding long position
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.
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.