This is a pre momentum shift directional analysis
I am basing my sentiment off a breach through 140.100 for buy retest and/or breach through 139.500 for sell retest.
I made clear the consolidation pattern in this channel with clear momentum shifts of a clear break of support/resistance.
RSI is looming in the middle waiting for a break while MACD is set to either cross through zero line or be rejected with a MACD/Signal cross right below 0 line.
One can take this analysis as a great great scalp opportunity or a solid learning experience by observing the outcome of my sentiment.
Please comment with your thoughts and ideas. Thank you.
I am basing my sentiment off a breach through 140.100 for buy retest and/or breach through 139.500 for sell retest.
I made clear the consolidation pattern in this channel with clear momentum shifts of a clear break of support/resistance.
RSI is looming in the middle waiting for a break while MACD is set to either cross through zero line or be rejected with a MACD/Signal cross right below 0 line.
One can take this analysis as a great great scalp opportunity or a solid learning experience by observing the outcome of my sentiment.
Please comment with your thoughts and ideas. Thank you.