Multi timeframe analysis - TITAN

2022년 7월 8일

Let's understand multi timeframe analysis for TITAN.

Weekly TF -

TITAN has been trading in a falling wedge pattern (LH-LL) and has recently re-tested a major demand zone. A bullish engulfing candlestick has been formed. There's an additional confluence of Harmonic Cypher PRZ around 1880.



Daily TF -

Bullish RSI divergence has been seen on daily TF. Price gaped up and did a breakout from a falling wedge structure. Short term bullish entry can be taken if price retraces back to 2080 level which was acting as a resistance earlier.

2022년 8월 2일

노트

Price reversed as per the analysis and moved higher.