Key resistance retest forecast
Presented is the 4 hr chart. I mapped out the first key resistance with the previous resistance breach (which now is an established support).
MACD/SIGNAL made a cross while above 0 line. RSI is breaching overbought zone. Current RSI pattern tells us a pivot is near however we have not seen these levels for a bit so a change in pattern (breaching further into overbought zone) may be in play. I will pay close attention to RSI play out to determine my pivot point.
Stopmloss below new support and take profits as presented on chart while watching for a pivot.
Please comment with thoughts and ideas. Thank you.
MACD/SIGNAL made a cross while above 0 line. RSI is breaching overbought zone. Current RSI pattern tells us a pivot is near however we have not seen these levels for a bit so a change in pattern (breaching further into overbought zone) may be in play. I will pay close attention to RSI play out to determine my pivot point.
Stopmloss below new support and take profits as presented on chart while watching for a pivot.
Please comment with thoughts and ideas. Thank you.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.