This is early. UZ consolidating. At resistance point. A buy entry could develop. If it does, it will have an excellent Risk/Reward ratio.
M:
Last completed candle is bull bar with bearish wick. New higher high compared to 11/2017. Not actionable trade information.
W:
Last completed candle is strong bearish. Bull trend still intact, a;though its showing signs of losing strength.
D:
Looking oversold, but also at a resistance point. Mid-term down trend that started early September is still intact.
M:
Last completed candle is bull bar with bearish wick. New higher high compared to 11/2017. Not actionable trade information.
W:
Last completed candle is strong bearish. Bull trend still intact, a;though its showing signs of losing strength.
D:
Looking oversold, but also at a resistance point. Mid-term down trend that started early September is still intact.
Trade closed: target reached
Got in at 14.21358. Closed position 14.87645.
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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.