Levels based on 1W and 1M ATR
levels based on weekly atr on the left and monthly atr on the right,
4h in bear x on dmi and hma
1M showing PA below fast moving hma and di+ curving down
1M extended @ 131% of 1M atr
break below 4490 and 1M could begin bear x on hma
Note:
1M dmi contracting to bear x with st @ 4440 with di+ @ 25.6 and di- @ 7.4
Bear divs visible on the weekly down to the 4h
Watch 4461.
appreciate the risk.
4h in bear x on dmi and hma
1M showing PA below fast moving hma and di+ curving down
1M extended @ 131% of 1M atr
break below 4490 and 1M could begin bear x on hma
Note:
1M dmi contracting to bear x with st @ 4440 with di+ @ 25.6 and di- @ 7.4
Bear divs visible on the weekly down to the 4h
Watch 4461.
appreciate the risk.
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