* Morning Doji Star has appeared on the lowest price level since April 2018,
* Divergence with MACD,
* Last candle very powerful with small wick/top shadow what suggest bear weakness.
* During forthcoming week I'm expecting at least powerful correction or/and commence of reversal downward trend.
* First resistance = 1,3000
* Second resistance = 1,3350 (incl....
*** long term setup *** suggest small position only ***
Main Polish index = WIG20 [including GPW:CDR / CDPROJEKT]
Shooting star has been confirmed by bearish candle which was closed below previous. Believe that the price area around 1700-1800 will be tested once again in order to accumulate long positions .
Polish index is one of the last which have...
Quite simple - as per pure technical analysis 'double top - big drop'. Currently we are in important area of accumulation. I believe that they may drop price down just before weekend.
