=======
Volume
=======
-Increasing
==========
Price Action
==========
- Head and shoulders noticed
- rounding top noticed on the 2nd shoulder
- unable to clear downtrend line
=================
Technical Indicators
=================
- Ichimoku
>>> price below cloud and resisted below trendline
>>> red kumo expanding
>>> Tenken [Conv] + Chiku [lagging] - below clouds and moving away
>>> Kijun [Base] - below clouds and moving away
=========
Oscillators
=========
- MACD still bearish
- DMI bearish
- StochRSI, neutral
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
Volume
=======
-Increasing
==========
Price Action
==========
- Head and shoulders noticed
- rounding top noticed on the 2nd shoulder
- unable to clear downtrend line
=================
Technical Indicators
=================
- Ichimoku
>>> price below cloud and resisted below trendline
>>> red kumo expanding
>>> Tenken [Conv] + Chiku [lagging] - below clouds and moving away
>>> Kijun [Base] - below clouds and moving away
=========
Oscillators
=========
- MACD still bearish
- DMI bearish
- StochRSI, neutral
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
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.