Pay close attention to today's US open!
We might see the market move up, and a retracement underway.
Important points to watch: 1888 - short-term trendline (4H) + 8 Daily SMA (which I mentioned in the previous post as a the downtrend's resistance line). Also yesterday's late price action could be a good trigger for a move up today (see related post)
If the market closes above this 8 daily SMA then look for a correction towards 1920 in the following days (week).
If you are interested in speculating this incumbent correction, better to place your stops just under 1840.
Good trading to you all!
We might see the market move up, and a retracement underway.
Important points to watch: 1888 - short-term trendline (4H) + 8 Daily SMA (which I mentioned in the previous post as a the downtrend's resistance line). Also yesterday's late price action could be a good trigger for a move up today (see related post)
If the market closes above this 8 daily SMA then look for a correction towards 1920 in the following days (week).
If you are interested in speculating this incumbent correction, better to place your stops just under 1840.
Good trading to you all!
Not
Breakout confirmed - 1940 in sight.Trade well!
İlgili yayınlar
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.
İlgili yayınlar
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.