Is this a Double Top? Prices below 10.100 would activate that pattern -tp would be 10.000 Prices below 9.900 would extend the consolidation Phase. For the maintrend up to 10.500 this dip is not critical, it would be healthy
If the Support will be bought, tps are 10.180/10.250/10.300
Any ideas/ comments/opinions???
ความคิดเห็น
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Very strong market - every dip is bought directly , here a nice bear trap....
ความคิดเห็น
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New highs today ?
ความคิดเห็น
QuestionMode
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What exactly is it? I am new in TradingView. Would you telling me what exactly it is and how can i learn this?
waterman
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It is clearly in an uptrend .Shorting is not a good idea !
The_Cannalyst
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Yes - you are right! I never trade against the trend, i am a ppure cyclical breakout Trader...but i illustrate several ideas...
The_Cannalyst
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If we really see a dip, it just has an corrective character, no Signal for a Turnaround...
waterman
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Yes. Agree. We can have a dip at H4 Bat 88.6 fib ( 10330.80 )
Hange
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will it go 10300?
The_Cannalyst
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:-) i also don`t have a holy grale :-) but from a technical, the wayx up to 10.300 is opened....
The_Cannalyst
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if we cross 10.200, the next longsignal with TP 10.300 appears