Setup
The price has pulled back to a formerly significant price pivot at 300 after hitting a 4-year high over 400 in April. The price is well above its up-sloping 30-week moving average.
Signal
The daily chart shows a potential breakout from a base formed above 300 with RSI also confirming the bullish turn with a break over the 50 level.
The price has pulled back to a formerly significant price pivot at 300 after hitting a 4-year high over 400 in April. The price is well above its up-sloping 30-week moving average.
Signal
The daily chart shows a potential breakout from a base formed above 300 with RSI also confirming the bullish turn with a break over the 50 level.
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spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Related publications
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.
Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Related publications
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.