The weekly chart currently stands at the neckline of a double top pattern, where it formed a bullish engulfing candle last week. The Force Index has been oversold a few weeks ago, and is now back inside the channel. A bounce is possible.
Going to the daily chart, a bounce seems imminent. An almost perfect class A bullish divergence on the MACD lines and histogram at strong support with a false breakout below a very strong support level at 88$. Here too, the Force Index has been oversold and is now back inside the channel.
I would use a stop well below 88$ and I would look for a target around 108.
Going to the daily chart, a bounce seems imminent. An almost perfect class A bullish divergence on the MACD lines and histogram at strong support with a false breakout below a very strong support level at 88$. Here too, the Force Index has been oversold and is now back inside the channel.
I would use a stop well below 88$ and I would look for a target around 108.
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.