It's time to digest the events!
-In previous analysis, prices showed that they could try to force a sharper rise, however, based on technical/graphical analysis, I see that prices tend to only seek the region of 4248.
-If prices do not break through the informed region, we can strongly correct and look for support at 4052.
-On the hourly chart we have prices orbiting the long average, and for me this type of chart pattern is not a very reliable signal, because if prices choose one of the sides to follow (go up or down), they tend to be more intense.
-We have many events to be digested by investors so that we can have at least one path to follow, so caution is the best medicine for the moment!
-See previous graphical analysis!
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic analysis.
-If prices do not break through the informed region, we can strongly correct and look for support at 4052.
-On the hourly chart we have prices orbiting the long average, and for me this type of chart pattern is not a very reliable signal, because if prices choose one of the sides to follow (go up or down), they tend to be more intense.
-We have many events to be digested by investors so that we can have at least one path to follow, so caution is the best medicine for the moment!
-See previous graphical analysis!
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic analysis.
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