In the macro, it's clear that TIA has been in a downward trend for an extended period of time. This means, it's a great place to buy - because the bullish cycle is up next.
Trend based indicators are great to identify the immediate predominant pressure on the chart, in this case, bearish. A "Buy" signal in the weekly timeframe would be the first step in the right direction (reversal). Trend Based Indicator:
Another key indicator to watch is the daily timeframe, when the price begins to trade ABOVE the moving averages - that's when you'll have the first confirmation of a bullish turn around. Moving Averages:
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.
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.