Chart type : Heikin Ashi
Time frame: Daily
Tools Used:
Fibonacci for levels.
Heikin Ashi candles for momentum.
Moving averages for the behavior of the price.
Analysis:
We have a series of continuous red HA candles which indicates the weakness in momentum. Also the price is trading below the first band of moving averages. The next important level to watch is 23.60% retracement level which is 19412
Thanks
S. Simranjit Singh Virdi
(Independent Trader)
Time frame: Daily
Tools Used:
Fibonacci for levels.
Heikin Ashi candles for momentum.
Moving averages for the behavior of the price.
Analysis:
We have a series of continuous red HA candles which indicates the weakness in momentum. Also the price is trading below the first band of moving averages. The next important level to watch is 23.60% retracement level which is 19412
Thanks
S. Simranjit Singh Virdi
(Independent Trader)
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.