- Hindenburg Omen signal exists on 22 november and then we saw a sharp fall yesterday.
( The Hindenburg Omen is a technical indicator that was designed to signal the increased probability of a stock market crash)
- Although prices have increased Rsi is in a decreasing trend since the beginning of year,
- First of all i will follow the support level of schiff pitchfork at around 3800$
- Ema200 support is around 3350$
- As far as i see the main trend support level is about 2300$
Fed's position is very important, Hawks or Doves?
I'm on the hawks side, i will be watching these support levels.
If i'm wrong about Fed's position, i will start to follow schiff pitchfork's channel resistance points.
What about you? Please share your comments.
*Not an investment advice
( The Hindenburg Omen is a technical indicator that was designed to signal the increased probability of a stock market crash)
- Although prices have increased Rsi is in a decreasing trend since the beginning of year,
- First of all i will follow the support level of schiff pitchfork at around 3800$
- Ema200 support is around 3350$
- As far as i see the main trend support level is about 2300$
Fed's position is very important, Hawks or Doves?
I'm on the hawks side, i will be watching these support levels.
If i'm wrong about Fed's position, i will start to follow schiff pitchfork's channel resistance points.
What about you? Please share your comments.
*Not an investment advice
Comment:
we are approaching the target
Comment:
Never take my personal opinions as investment advice, you may lose your money.