Hi friends the daily analysis shows that it will experience with a high probability a downtrend but at the same time you have to be vigilant of the change towards the opposite direction
Hi friends the daily analysis shows that it will experience with a high probability an uptrend but at the same time you have to be vigilant of the change towards the opposite direction
Hi friends the daily analysis shows that it will experience with a high probability an uptrend but at the same time you have to be vigilant of the change towards the opposite direction
For Tihama the good thing to do is to follow the Fibonacci extension to well measure the extension of the current bullish move, so normally we should close at the level 63,09 or 64,64 and you can see that it match up perfectly with the resistances, but what is more logical in my opinion is to close at 63,09? SO STAY IN YOUR POSITION
We are near a strong resistance level at the price 17, be aware of it because this level is much respected from the last year, but if we saw again a gap in the price with a break of the price 17, then the market will repeat the previous bullish channel ,with a high probability
I think that we are in a good place to buy but all we need is that the price must be up to 13,31 and then we can enter and put at least the level 14,07 as a target and it may vary regarding the behavior of the market in the next week
We need a good candle in term of Body/Volume to judge that the market will change the trend
Dear all, I think that we have to spot a good entry point within the level of 78% kind regards
After analyzing this bullish move we can state that the market really want to continue the uptrend and we are will supported also with the volume I think that we can enter in the market, we can expect that the market will go up until the test of the red resistance trend line
After seeing this strong bearish wave, it seems that we have difficulties to define the next trend of the market and also we have a lack in the volumes but anyway, we draw now this sideway range to tell that the market need to break the up of it and then we can buy, but if the market breaks the down of it then maybe we will comeback to the normal price variations.
We are in a good buy opportunity here because we have a lot of indications that supports us like the volume and also the tag team of the level 61 of fibonacci and the major support level in green
Now we saw that the market is rejecting the support level and can't go inside the range so this is a good opportunity to buy the market, put your SL at 33,40 and your TP at 35,01 Kind regards
We saw that the market is now above the VWAP, if you are already in a buy position, you should prepare yourself to sell your shares because the 200MA indicates that the market may go down furthermore