"Top and Bottom Analysis" ES-MINI SP500 by ThinkingAntsOk
4H CHART EXPLANATION:
Main Items we Observe on the Chart:
-Price broke out the bearish channel, starting a bullish movement.
-Currently, the price is inside a corrective structure and is trying to break out with low volume.
-The las support of the price is the middle trendline of the weekly ascending channel.
Based on this if the price breaks out below 2834.0 with close candlesticks we expect a continuation of the bearish movement towards 2730.00 paying attention to the middle support zone at 2793.00
MULTI TIMEFRAME VISION:
-Weekly :
-Daily:
Main Items we Observe on the Chart:
-Price broke out the bearish channel, starting a bullish movement.
-Currently, the price is inside a corrective structure and is trying to break out with low volume.
-The las support of the price is the middle trendline of the weekly ascending channel.
Based on this if the price breaks out below 2834.0 with close candlesticks we expect a continuation of the bearish movement towards 2730.00 paying attention to the middle support zone at 2793.00
MULTI TIMEFRAME VISION:
-Weekly :
-Daily:
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.