Hello everyone. Happy Chinese New year! I've just been back home from a family trip.
I came out the bearish setup on the following reason:
Weekly: Bullish flag pattern indicates that price might have a pullback for the arrival/violation of the upper boundary line(132.40-133.40).
Daily: After big bullish bars, buyers may be exhausted. In addition, I refined the zone on the daily to reduce the wide space given by the weekly chart.
The below solid space is around 125-126way down by apply anchored vwap or ema.
Trigger: set the alerts to watch the price action then.
What do you think? Give me a like if you're with me. Thank you for your support.
I came out the bearish setup on the following reason:
Weekly: Bullish flag pattern indicates that price might have a pullback for the arrival/violation of the upper boundary line(132.40-133.40).
Daily: After big bullish bars, buyers may be exhausted. In addition, I refined the zone on the daily to reduce the wide space given by the weekly chart.
The below solid space is around 125-126way down by apply anchored vwap or ema.
Trigger: set the alerts to watch the price action then.
What do you think? Give me a like if you're with me. Thank you for your support.
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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.
plan your trade and trade your plan
Disclaimer
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.