CADNOK is considered by many to be an exotic or at least minor pair. I'm aleady short on this one with 1000pts in my favour. My bet was based on a possible triple top and trend line of peaks moving south on the weekly chart.
This 8H chart shows that price has hit a broad zone of support at least 9 times. The latest push down has been a seemingly determined one. I had to wonder how powerful zones of support are? Is there a probability that based on numbers of times struck that price will disrespect the zone of support (or resistance)?
[I'm pretty new at posting I hope this comes out ok]
This 8H chart shows that price has hit a broad zone of support at least 9 times. The latest push down has been a seemingly determined one. I had to wonder how powerful zones of support are? Is there a probability that based on numbers of times struck that price will disrespect the zone of support (or resistance)?
[I'm pretty new at posting I hope this comes out ok]
Catatan
Interestingly this broad zone of support seems to be becoming a zone of resistance.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.