Dear Traders,
obviously this is just an idea and nothing that can be traded by now. For this I have taken out one of my former charts, where I tried to show you the stages that are probably awaiting us.
Currently I am still not bearish mid to long term. This drop was caused by a broken key-level around the Monthly Pivot and we are now starting to approach the first zone of possible support (yellow area).
At this point I am starting to see a possible diamond bottom pattern forming out. It is very early, so no forecasts can be based on this.
Anyhow the old trend line is around this support-area as well and likely some orders are going to be hit soon.
What I would not like mid-term is another break below the Yearly-Pivot. We are still in a very neutral zone, where anything can happen.
Warm regards,
Neru
obviously this is just an idea and nothing that can be traded by now. For this I have taken out one of my former charts, where I tried to show you the stages that are probably awaiting us.
Currently I am still not bearish mid to long term. This drop was caused by a broken key-level around the Monthly Pivot and we are now starting to approach the first zone of possible support (yellow area).
At this point I am starting to see a possible diamond bottom pattern forming out. It is very early, so no forecasts can be based on this.
Anyhow the old trend line is around this support-area as well and likely some orders are going to be hit soon.
What I would not like mid-term is another break below the Yearly-Pivot. We are still in a very neutral zone, where anything can happen.
Warm regards,
Neru
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.