MONTHLY
Overall structure is OLHC. A lot of patience is needed for this setup. Currently sellers are really a lot and dominating price . Priceline is even below bloodline. A bullish reversal however is possible but it will take awhile .
WEEKLY
divergence in a weekly timeframe from the 5 August 2019 to 23RD
GBPJPYmarch 2020. Meaning buyers are slowly combing into market. Priceline is still below bloodline. Caution kindly wait for extra confirmation before placing buys .
DAILY
Priceline is currently flattened with bloodline meaning price is consolidating. Solid 50 is however acting as a potential resistance.
Wait for a breakout.
4 HOUR
Divergence in 4 hour timeframe though am not really sure if this current support is strong .. wait for more confirmation (Higher timeframe weekly)
Overall structure is OLHC we waiting for long term buyers (POTENTIAL YEARLY STRUCTURE OLHC) .
Overall structure is OLHC. A lot of patience is needed for this setup. Currently sellers are really a lot and dominating price . Priceline is even below bloodline. A bullish reversal however is possible but it will take awhile .
WEEKLY
divergence in a weekly timeframe from the 5 August 2019 to 23RD
GBPJPYmarch 2020. Meaning buyers are slowly combing into market. Priceline is still below bloodline. Caution kindly wait for extra confirmation before placing buys . DAILY
Priceline is currently flattened with bloodline meaning price is consolidating. Solid 50 is however acting as a potential resistance.
Wait for a breakout.
4 HOUR
Divergence in 4 hour timeframe though am not really sure if this current support is strong .. wait for more confirmation (Higher timeframe weekly)
Overall structure is OLHC we waiting for long term buyers (POTENTIAL YEARLY STRUCTURE OLHC) .
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.
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.