Trend price movements are still in the upward phase which started in early September even though there was a reversal which became an area of change in character (ChoCh) and the trendline was broken by forming an LL which then returned to the trend line of bullish continuation with target R1: 189 and R2: 210
This trend prediction supported with indicator belows:
- golden cross on 0 MACD
- stochastic on reasonable number
- %D line crossing %K line on DMI
This trend prediction supported with indicator belows:
- golden cross on 0 MACD
- stochastic on reasonable number
- %D line crossing %K line on DMI
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.