A small inverted H&S on 4H chart. Doesn't indicate a strong reversal, and so the short trade back up to 1760-1770 area.
Momentum looking strong as well.
Since it is a short term trade, there''ll only be 1 target profit.
Disclaimer: Not giving any trading and/ or investment advice. Just sharing my chart observations.
If you have any symbol that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Momentum looking strong as well.
Since it is a short term trade, there''ll only be 1 target profit.
Disclaimer: Not giving any trading and/ or investment advice. Just sharing my chart observations.
If you have any symbol that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Nota
doji on the Daily yesterday, and the drop today is not unusual.Still seeing the potential to go 1770 area. However, the Weekly chart could end up as a doji on support. This means the up move could go beyond 1770!
Will evaluate again
Nota
Momentum on Daily seems to be gaining. Setup still valid
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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.