The resistance level with the upper border of $20.60 was broken on the Daily timeframe on September 11. The trend is bullish now and the impulse wave develops.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The new resistance level that can be formed around these price marks or the highs of August 23 – 26 will be the target for the bullish movement continuation after the correction is finished.
In case of successful development of the trend, a more distant target will be on the highs of August 12 – 14, where the next resistance is located with the borders of $29.45 – $30.35.
When breaking through the support, the trend will reverse and we should look for selling opportunities. The borders of this level are $17.90 – $18.25.
Longs will remain relevant until the market is above the nearest support level on the Daily chart, the lows of September 6 – 7.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The new resistance level that can be formed around these price marks or the highs of August 23 – 26 will be the target for the bullish movement continuation after the correction is finished.
In case of successful development of the trend, a more distant target will be on the highs of August 12 – 14, where the next resistance is located with the borders of $29.45 – $30.35.
When breaking through the support, the trend will reverse and we should look for selling opportunities. The borders of this level are $17.90 – $18.25.
Longs will remain relevant until the market is above the nearest support level on the Daily chart, the lows of September 6 – 7.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
