Based on the Bat pattern, resistance and trendline, it seems that bulls will soon take the chargeback at 34.04 level, and a trend reversal is possible.
Bullish Indications
1. Possible Reversal at 34.87 - Bat Pattern
2. Resistance at 33.31
3. Nature, Time Cycles: Since Nov'20,
it always comes to the support level @ 33.69
and bounces back. The same behavior is expected this time as well.
Bearish Indications
1. Lower highs and lower lows
2. Three black crows
Biased: Long after next LL
Plan A: Buy
Buy at LL: 34.04
SL: 31.19
TP1: 40.13
TP2: 42.72
TP3: 46.00
Plan B: Sell
Sell at 36.41
SL at HL 39.50
TP1: 33.50
TP2: 31.19
Bullish Indications
1. Possible Reversal at 34.87 - Bat Pattern
2. Resistance at 33.31
3. Nature, Time Cycles: Since Nov'20,
it always comes to the support level @ 33.69
and bounces back. The same behavior is expected this time as well.
Bearish Indications
1. Lower highs and lower lows
2. Three black crows
Biased: Long after next LL
Plan A: Buy
Buy at LL: 34.04
SL: 31.19
TP1: 40.13
TP2: 42.72
TP3: 46.00
Plan B: Sell
Sell at 36.41
SL at HL 39.50
TP1: 33.50
TP2: 31.19
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.