Bullish Prices Actions weren't strong enough to continue challenging the major resistance uptrend.
I expect prices to continue their downward continuation in general:
1 - If prices are not able to bounce back from the line (note) at 1.842T, prices might continue to loose ground until price (note) 1.752T
2- If prices can bounce back from that 1.842T price note we might have a chance to reach the 2.2T price note
3- Even if prices are overbought, the STOCH indicator is not of much importance, as we are clearly in a bull market which might continue long
Thank you for reading, appreciate all comments and feedback,
Take care, be careful and regards,
Kevin C. Best
I expect prices to continue their downward continuation in general:
1 - If prices are not able to bounce back from the line (note) at 1.842T, prices might continue to loose ground until price (note) 1.752T
2- If prices can bounce back from that 1.842T price note we might have a chance to reach the 2.2T price note
3- Even if prices are overbought, the STOCH indicator is not of much importance, as we are clearly in a bull market which might continue long
Thank you for reading, appreciate all comments and feedback,
Take care, be careful and regards,
Kevin C. Best
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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.