I see an accumulation of energy in YUMC
zone 59.35-60.97 is seems to involve buyers and sellers into a fight.
If buyers win - you will see 1D closed >61.00 and this will be a signal to open long position. (Also climbing higher than 61 will put 1W candle into a green one, which provides more safety in long)
If buyers lose- you will see 1D closed <59.35. And it will be good chance to open short position on retest 59.35 from downside.
zone 59.35-60.97 is seems to involve buyers and sellers into a fight.
If buyers win - you will see 1D closed >61.00 and this will be a signal to open long position. (Also climbing higher than 61 will put 1W candle into a green one, which provides more safety in long)
If buyers lose- you will see 1D closed <59.35. And it will be good chance to open short position on retest 59.35 from downside.
Comment:
there is no power of buyers.
let 's see what closing of 1D will be...
let 's see what closing of 1D will be...
Comment:
wait for long signal (cl > 61$)
Comment:
1D close > 60.97.
Chart seems to go up!
be carefull and put stop. I expect 3-5$ movement
Chart seems to go up!
be carefull and put stop. I expect 3-5$ movement
Waiting for close >61