Some hope for a bottom
Daily:
For now it seems like momentum is reversing from a higher low. If ECB announces something credible, it may trade up to 1,0570-1,07 zone again
Weekly:
Absolute key level is 1,0370. Overall setup is still far from a possible trend reversal, there will be a lot of work to do until it happes: 100WMA and weekly Kijun has to come down more to get closer to price, and also haOscillator momentum indicator should not fall back below its mid line. For a few weeks I can immagine a repeated volatile trading pattern similar to the one seen in 2017. (marked with purple rotated rectangle).
For now it seems like momentum is reversing from a higher low. If ECB announces something credible, it may trade up to 1,0570-1,07 zone again
Weekly:
Absolute key level is 1,0370. Overall setup is still far from a possible trend reversal, there will be a lot of work to do until it happes: 100WMA and weekly Kijun has to come down more to get closer to price, and also haOscillator momentum indicator should not fall back below its mid line. For a few weeks I can immagine a repeated volatile trading pattern similar to the one seen in 2017. (marked with purple rotated rectangle).
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.