What a nice touch!
Alright guys, after touching wedge in triangle its time to touch bottom!
Rsi shows a downtrend, macd lose the power and its moving to the cross axis line.
We have these touches, rsi and macd in 1h too
We are in range for now, volume is getting lower, ADX is lower than 30(This indicators said that we are going to see a big trend in normal market it will around 500 pip).
I recommend you to do short from 9850 to 9600, 9500, 9400
If you liked it, please hit the like button, share and write your comments, thanks for reading.
Take care, trade safe
Alright guys, after touching wedge in triangle its time to touch bottom!
Rsi shows a downtrend, macd lose the power and its moving to the cross axis line.
We have these touches, rsi and macd in 1h too
We are in range for now, volume is getting lower, ADX is lower than 30(This indicators said that we are going to see a big trend in normal market it will around 500 pip).
I recommend you to do short from 9850 to 9600, 9500, 9400
If you liked it, please hit the like button, share and write your comments, thanks for reading.
Take care, trade safe
Trade closed: target reached
9600 reached ...Im waiting for another downtrend, but up trend its possible now, because rsi touched the bottom line and it failed to break it, and also macd lost it power.
We have to see another HH for double top pattern, reversal trend will touch 9900 and 10k area.
Good luck guys.
Note
Otherwise if we see another downtrend, we will see a break out of rsi bottom line, and also 9300k area ...So I recommend you to wait for a confirmation above 9750 or below 9600
Above 9750 do long to 9900
Below 9600 do short to 9300 as first target.
Thanks for reading.
Take care and good luck.
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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.