AlexandreFF

Swiss Market - Risk Analysis (Ruby MPM)

Long
FX:SUI30   None
0
The MACD Clearly shows us the gains can be quite good, as the vertical green trend lines tend to grow a lot more in time than the red ones (bear MACD). Also we can see a 9EMA serving as support.

I think the only risk here is the EMA s getting tired, as you can see the empty space between the two EMA s (signalized in purple arrows ) had much more volatility than now. Even tough, BB are getting closer and we saw 2 green candles. Meaning there will be a trend change that can be bullish.

I really enjoy to receive comments ! If you have something to say tell me ! I'm open to other opinions.

Ruby
Market Prediction Movement

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.