New Week = New Pivots.
Last week the pivots played an important role, even during chaotic downturn.
Last week started just below the new weekly pivot, rejected, and continued down.
This week the price is starting a little below the new Weekly Central again.
Bulls will expect price to at least come touch the Central Pivot sometime this week.
Bears will expect the same, and will probably short with confidence at Weekly Central.
Bull will expect hope for a decent retrace of last week's drop, so will be looking for Weekly R1 at least.
Bears will expect to continue the downtrend, and will probably sell every pivot touch from underneath.
Last week the pivots played an important role, even during chaotic downturn.
Last week started just below the new weekly pivot, rejected, and continued down.
This week the price is starting a little below the new Weekly Central again.
Bulls will expect price to at least come touch the Central Pivot sometime this week.
Bears will expect the same, and will probably short with confidence at Weekly Central.
Bull will expect hope for a decent retrace of last week's drop, so will be looking for Weekly R1 at least.
Bears will expect to continue the downtrend, and will probably sell every pivot touch from underneath.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.