Hi Traders!
The market is in a Midterm Uptrend (50MA).
As you can see we here have a very central Trendline.
It is very important to determine the future behavior of the market.
So, we see that the market was pulling back every time downwards after it reached the Trendline.
After the Breakout we are at the first time above this Trendline.
It is testing this broken Trendline and doesn't get under it anymore. ( bullish signal ;) )
In addition it is starting to make higher highs and higher lows.
These factors are all significant signals to determine a potential Trend Change!
Thanks and successful Trading :)!
The market is in a Midterm Uptrend (50MA).
As you can see we here have a very central Trendline.
It is very important to determine the future behavior of the market.
So, we see that the market was pulling back every time downwards after it reached the Trendline.
After the Breakout we are at the first time above this Trendline.
It is testing this broken Trendline and doesn't get under it anymore. ( bullish signal ;) )
In addition it is starting to make higher highs and higher lows.
These factors are all significant signals to determine a potential Trend Change!
Thanks and successful Trading :)!
Not
The RED BOX is here, but this is the Bigger one:
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.