The market is not in a convincing sell mode, and this is because ongoing crisis. This may always have surprises and that is why caution always advised.
The stochastic is positive, but the MACD on weekly chart is little negative. The triangle formation provides insight which way we will go. The shape usually indicates lower levels to be seen.
As long we are careful and disciplined, the strategy is still SELL @ $ 99-101 (slightly higher now) and we keep stop-loss now above $ 105. A break higher will bring 110-115 insight once again. The support is still $ 93-95 and should be monitored when broken as this opens the door towards 78-80.
The stochastic is positive, but the MACD on weekly chart is little negative. The triangle formation provides insight which way we will go. The shape usually indicates lower levels to be seen.
As long we are careful and disciplined, the strategy is still SELL @ $ 99-101 (slightly higher now) and we keep stop-loss now above $ 105. A break higher will bring 110-115 insight once again. The support is still $ 93-95 and should be monitored when broken as this opens the door towards 78-80.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.