Chart 2 zooms in to the current market action for a closer look. Here we can see the channels coming together and defining what appears to be a wedge pattern for the recent movements.
Now that we have the market framed a little bit, potential trade opportunities become obvious. We can see that a break of any of the current s/r’s holding the market could see the market move to the next s/r that has been defined.
A break of the dashed s/r C for example offers an opportunity for a potential move from the market back to s/r D.
(article continues on chart 3 linkes below)
Now that we have the market framed a little bit, potential trade opportunities become obvious. We can see that a break of any of the current s/r’s holding the market could see the market move to the next s/r that has been defined.
A break of the dashed s/r C for example offers an opportunity for a potential move from the market back to s/r D.
(article continues on chart 3 linkes below)
Andrew J.D. Long, MFTA
Publikasi terkait
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.
Andrew J.D. Long, MFTA
Publikasi terkait
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.