1. Gap up on 1st Sep followed by higher price with high volume on the next day made the 0.08-0.085 area a strong support.
2. Coincidentally, daily EMA50 line is also now at 0.085 area make it one of highly congested area.
Scenario 1 : The price will testing support before bounce back (BULLISH)
Scenario 2 : The daily candle will fill the gap between 0.08 and 0.085 tomorrow before continue climbing up the next day (BULLISH)
Scenario 3 : If the price continue goes down and break support with high volume, the bearish pattern will continue (BEARISH)
Scenario 4 : If gap down occur tomorrow 24/9/2020 and price open 0.08 or below and daily candle closed below 0.08, island reversal pattern will be formed and price will continue go down. (BEARISH)
EP 0.085
TP 0.105
CL 0.075
This is a trading idea and not a buy call.
2. Coincidentally, daily EMA50 line is also now at 0.085 area make it one of highly congested area.
Scenario 1 : The price will testing support before bounce back (BULLISH)
Scenario 2 : The daily candle will fill the gap between 0.08 and 0.085 tomorrow before continue climbing up the next day (BULLISH)
Scenario 3 : If the price continue goes down and break support with high volume, the bearish pattern will continue (BEARISH)
Scenario 4 : If gap down occur tomorrow 24/9/2020 and price open 0.08 or below and daily candle closed below 0.08, island reversal pattern will be formed and price will continue go down. (BEARISH)
EP 0.085
TP 0.105
CL 0.075
This is a trading idea and not a buy call.
Emir iptal
Support broken CL 0.075
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.