ASX is showing a bullish signal according to the charts. Below is my analysis and when i will be fully bullish.
Bullish case:
- ascending triangle which is inherently bullish.
- LSMA in upwards direction
- price above 50MA
- daily velocity positive
- RSI neutral
Bearish case:
- price below a key fib level: 0.382 at 5468
- price below key resistance level at 5580
I will be full-bullish with of course tight SL when price closes daily above 5584.
I will keep you updated with any changes bullish or bearish. If you like these TA please click like or leave a comment.
Bullish case:
- ascending triangle which is inherently bullish.
- LSMA in upwards direction
- price above 50MA
- daily velocity positive
- RSI neutral
Bearish case:
- price below a key fib level: 0.382 at 5468
- price below key resistance level at 5580
I will be full-bullish with of course tight SL when price closes daily above 5584.
I will keep you updated with any changes bullish or bearish. If you like these TA please click like or leave a comment.
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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.