Because my trading can not catch up, please allow me to write it briefly.
<< tactics >> When judging that 2800.0 functioned as a resistance line, I will short.
The first limit is on MPP (R1) The second limit is on WePP (S2)
I would be grateful if you like it idea,give me follow or agrees!
------------------------- <Legend> -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thick line: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red thick line: Untrustworthy line for me
Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close
x mark: Line which may not function ------------------------- <Legend> --------------------------
Comment
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It began to lower. However, because it was rebounded at WePP (P), we still need vigilance.