I need to see 3 consecutive weekly closes under the 55-EMA or a close under the 61.8% level (7250) to make a call for 5k.
A trade through the 55-EMA is not a definite break call for long-term. (see last wick go through and hold fib support)
Still no cross on the ADX directional index lines. This is a long-term trend look.
Happy Trading!
Fibo
A trade through the 55-EMA is not a definite break call for long-term. (see last wick go through and hold fib support)
Still no cross on the ADX directional index lines. This is a long-term trend look.
Happy Trading!
Fibo
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.