Price continues to hold above 1550 as we look to prevent another bearish piercing scenario; a new support line has been added at ~1515.
Current patterns/trendlines have been extended with expected consolidation still within the upper highlighted portion; lows around 1500 or eventually LT trendline (purple).
The next critical resistance zone has been marked at somewhere between 1650-1680; this will be reduced to a single line once established (if true).
It was also aligned with the extended patterns to test for a next potential breakout location. The expected path has been indicated and is a very general assumption.
Furthermore, I just wanted to reclarify the pricelines as it hasn't been discussed in awhile:
- Dashed = tentative support/resistance zone (assumed but not yet determined)
- Normal = support/resistance zone
- Solid = critical support/resistance zone (usually off a number of past interactions)
Current patterns/trendlines have been extended with expected consolidation still within the upper highlighted portion; lows around 1500 or eventually LT trendline (purple).
The next critical resistance zone has been marked at somewhere between 1650-1680; this will be reduced to a single line once established (if true).
It was also aligned with the extended patterns to test for a next potential breakout location. The expected path has been indicated and is a very general assumption.
Furthermore, I just wanted to reclarify the pricelines as it hasn't been discussed in awhile:
- Dashed = tentative support/resistance zone (assumed but not yet determined)
- Normal = support/resistance zone
- Solid = critical support/resistance zone (usually off a number of past interactions)
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.