ZhiHoong

ZhiHoong

Since there was a double tops formed and the price started to break the uptrend trendline. Thus, suggested to seek for a short in short-term.

ZhiHoong Updated 

From the 1H chart, we can see that the price is breaking through the Daily Trendline and also a downtrend trendline found in 1H chart, we might seek for a retest at the ressistantance/support line for a short position whereas if the price is rejected by the ressistance/support line, we can seek for a long position. In my view, I will seek for a short position for...

ZhiHoong

Seek for a retest at the trendline, can go for a minor long position and SL at the trendline

ZhiHoong Updated 

rom the graph, we can see that the price has formed a double top at the resistance and a new downtrend trendline by following. Suggest start open short position or try to stay until the price touch the circle area for short position.

ZhiHoong

Price broke through the uptrend trenline since previous week and formed a new minor downtrend line. Suggest can take a short position at 0.63661 & TP at 0.62925. Looking forward to take this profit by this week.

ZhiHoong

The price has been rejected few times at the resistance of 69.874 by previous week. During last week, the price seems to break the trendline and retest at the resistance. May sit for this and observe for further action first.

ZhiHoong

A new downtrend trenline formed since previous weeks ago. High probability that the price keep stay bearish .

ZhiHoong

SInce the RSI shows a overbuy index. The price might drop until the support area and start to bullish due to the General trend shows a uptrend.