PA is at a pivotal level.
A clear break and close below 154.75 gives a strong sell signal. A bounce here to back above 155.75 could signal a reversal and the start of the final leg up of what could then become a double bottom with the neckline at about 164 and a completion of this pattern at around 171 - 172.
To support this long position we have the stoch and RSI being oversold on 4H and Weekly. Especially the 4H is heavily oversold.
The candles also indicate a struggle going on at current levels (154.75 - 155).
A clear break and close below 154.75 gives a strong sell signal. A bounce here to back above 155.75 could signal a reversal and the start of the final leg up of what could then become a double bottom with the neckline at about 164 and a completion of this pattern at around 171 - 172.
To support this long position we have the stoch and RSI being oversold on 4H and Weekly. Especially the 4H is heavily oversold.
The candles also indicate a struggle going on at current levels (154.75 - 155).
Nota
And it closed lower. This can get interesting, especially fundamentally.
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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.