Hello everyone,
After a long period of bouncing sideways, a breakthrough happened today due to the rising support line accompanied by the MA50 (purple line). this results in a short signal whose final goal cannot yet be determined, I think a fall back to zone 583 is possible, here also lies the neck line of the previously formed inverted SHS pattern.
Support lines: 595/590/583
Resistance lines: 603/610
RSI: negative divergence showed peak formation, it is now important that the indicator stays above the development line
MA50: the short signal remains valid as long as it remains below this average, above it again long!
Success traders!
regards,
TT
After a long period of bouncing sideways, a breakthrough happened today due to the rising support line accompanied by the MA50 (purple line). this results in a short signal whose final goal cannot yet be determined, I think a fall back to zone 583 is possible, here also lies the neck line of the previously formed inverted SHS pattern.
Support lines: 595/590/583
Resistance lines: 603/610
RSI: negative divergence showed peak formation, it is now important that the indicator stays above the development line
MA50: the short signal remains valid as long as it remains below this average, above it again long!
Success traders!
regards,
TT