CCK Fake Break Out or New 52 Week High at TF(4H)

CCK Fake Break Out or New 52 Week High at TF(4H)

Indikator NotaSaham Hybrid show Break Out (BO) signal at Time Frame (TF) 4 hours today (17/3/2021). Based on Fibonacci Retracement, price rebound at 61.8% which is equal to 0.670. The next resistance are R1 = 0.710 and R2 = 0.75.

For MACD (default), blue line nearly cross up red line which is both line in uptrend zone (above 0). Meanwhile, Stochastic RSI (default), already cross up 20% from oversold zone. Let's see tomorrow either CCK form fake BO or New 52 Week High (N52WH).

This is not a buy call, but just an idea for an educational purpose.

Disclaimer: Trade at Your Own Risk (TAYOR)