I anticipate EC doing a move down. Reasoning:
- unable to break through weekly resistance, with nice wicks on daily (nothing spectacular though)
- RSI divergence on H4 and D
- within a daily upwards channel, which looks like a bear flag on weekly, struggling at the control price which aligns with the weekly resistance
- weekly trend is clearly down, trading with the higher time-frame trend
- possibly in the process of forming H&S pattern
Aiming at a 2:1 RR, if the channel is broken there is much more downwards potential. Watch closely at 0.925-0.93 as that area might provide some support.
- unable to break through weekly resistance, with nice wicks on daily (nothing spectacular though)
- RSI divergence on H4 and D
- within a daily upwards channel, which looks like a bear flag on weekly, struggling at the control price which aligns with the weekly resistance
- weekly trend is clearly down, trading with the higher time-frame trend
- possibly in the process of forming H&S pattern
Aiming at a 2:1 RR, if the channel is broken there is much more downwards potential. Watch closely at 0.925-0.93 as that area might provide some support.
İşlem kapandı: hedefe ulaştı
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.