Sell Analysis
Presented is a 1 hr chart sell analysis between support and resistance.
We see a retest and rejection at 1.83500. We can justify a straight channel trading scenario with the bears attempting to retest and breach 1.82000 which is our take profit target.
MACD/SIGNAL lines have crossed and heading for zero line while RSI made a leap to breach 50 for continuation further towards the oversold zone.
Stop loss above current channel resistance. Please comment with thoughts and ideas. Thankyou.
We see a retest and rejection at 1.83500. We can justify a straight channel trading scenario with the bears attempting to retest and breach 1.82000 which is our take profit target.
MACD/SIGNAL lines have crossed and heading for zero line while RSI made a leap to breach 50 for continuation further towards the oversold zone.
Stop loss above current channel resistance. Please comment with thoughts and ideas. Thankyou.
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.