Monthly
• Trend and momentum using Joe Rabil Method:
- Step 1 and Step 2 are formed – Mapping (Step 3)
- Watch if MACD can stay above 0 line
Weekly
• Trend and momentum using Joe Rabil Method:
- Step 1, Step 2 and Step 3 are formed (presumptive uptrend); unfortunately, price cannot close above Step 3!!
- 18MA is already cupping around – early sign of change in trend
• Harmonic Pattern: Mapping (Bearish Gartley)
• Elliot Wave: Mapping 12-(345) OR AB-(C)
Daily
• Trend and momentum using Joe Rabil Method:
- Step 1, Step 2 and Step 3 are formed (presumptive uptrend)
- 18MA has crossed 40MA and both are rising + MACD is up – trend confirmation
- Watch if both MA can rise in the same direction with good separation
10M
• To be watched: price action, MA and if MACD can make 0-line reversal if it is down to 0 line.
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.