area of sell sensitivity (supply)
Price has been trading between 85.481 and 91.304 identified on the MN chart. Monthly supply CP @ 92.299 is in control.
On the weekly chart supply peak of proximal price @ 91.741 is in control , and price created a fresh supply peak @ 90.319 which price is reacting to but trading above it but has not violated its distal price making it still valid. I have short positions in the supply zone with stops @ 91.593 and targets at yearly low @ 85.440.
I am also looking for price to break bullish trendline , indicating shift in momentum that's when i can b looking to add more positions for the ride down.
“We trendsetters, not trend sweaters.” – Takeoff
On the weekly chart supply peak of proximal price @ 91.741 is in control , and price created a fresh supply peak @ 90.319 which price is reacting to but trading above it but has not violated its distal price making it still valid. I have short positions in the supply zone with stops @ 91.593 and targets at yearly low @ 85.440.
I am also looking for price to break bullish trendline , indicating shift in momentum that's when i can b looking to add more positions for the ride down.
“We trendsetters, not trend sweaters.” – Takeoff
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.