Overview:
Bullish pressure starting in the overnight
session, push higher the close
of waveA (minor trend) at important
resistance level. First target to $78.50 has been
reached.
Strategy:
We hold negative delta since $77.60
Our current position's Delta: -0.50 negative,
(increased from -0.23)looking for the first
bearish target
Technical signals:
Stochastic and RSI in overbought
Trends analysis:
primary(purple): corrective structure wave A
intermediate(green): corrective structure wave A
minor(yellow): corrective structure wave A closed
Bullish targets:
first@ $79.80/$80.00
second@ $80.50
Mandatory rebalance level
/Stop loss: on breakout of $78.70
Bearish targets:
first@ $76.80
second@ $75.8
Bullish pressure starting in the overnight
session, push higher the close
of waveA (minor trend) at important
resistance level. First target to $78.50 has been
reached.
Strategy:
We hold negative delta since $77.60
Our current position's Delta: -0.50 negative,
(increased from -0.23)looking for the first
bearish target
Technical signals:
Stochastic and RSI in overbought
Trends analysis:
primary(purple): corrective structure wave A
intermediate(green): corrective structure wave A
minor(yellow): corrective structure wave A closed
Bullish targets:
first@ $79.80/$80.00
second@ $80.50
Mandatory rebalance level
/Stop loss: on breakout of $78.70
Bearish targets:
first@ $76.80
second@ $75.8
Delta Zero team.
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.
Delta Zero team.
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.