YUMC will try to put ATH (if 1D close >61)

3 mars 2021

I see an accumulation of energy in YUMC

zone 59.35-60.97 is seems to involve buyers and sellers into a fight.

If buyers win - you will see 1D closed >61.00 and this will be a signal to open long position. (Also climbing higher than 61 will put 1W candle into a green one, which provides more safety in long)

If buyers lose- you will see 1D closed <59.35. And it will be good chance to open short position on retest 59.35 from downside.

4 mars 2021

Note

good start.
Waiting for close >61

4 mars 2021

Note

there is no power of buyers.
let 's see what closing of 1D will be...

5 mars 2021

Note

wait for long signal (cl > 61$)

9 mars 2021

Note

1D close > 60.97.
Chart seems to go up!
be carefull and put stop. I expect 3-5$ movement