לירה שטרלינג / יין יפנימעודכן Tp 119 or 138??
In my chart i show the for me most important levels - i call them action points!
The main direction is clear downwards!
We are here:
At present you can see a sideways-range in this TF, a Trading Box between ~ 128 - 140.
On the downside, we see a kind of Triple-Bottom which is not finished yet. This Bottom only can be seen as a bottom (good for a possible turnaround) with prices > the Midterm resist level @ 140-143.
Trading below that Midterm-support could initiate an ugly downwave down to the main support at 118-119.
Furthermore we can see the possible H&S which seems to be formed. The neckline is corresponding to the falling shortterm down trendline - this is an action point where a decision should be made: here you can exspect high volume and a clear deciding move.
Breaking through this action point could generate a tp at the upside at TP1: 135 (MAx TP H&S) and TP2: 138 (Box`s upper edge)
Two positions are thinkable:
long: stoppbuy with trigger = neckline, Sl = 128, TP = Box`s upperedge
short. stoppsell below 128, sl 131 tp 119
Best regards
mary
The main direction is clear downwards!
We are here:
At present you can see a sideways-range in this TF, a Trading Box between ~ 128 - 140.
On the downside, we see a kind of Triple-Bottom which is not finished yet. This Bottom only can be seen as a bottom (good for a possible turnaround) with prices > the Midterm resist level @ 140-143.
Trading below that Midterm-support could initiate an ugly downwave down to the main support at 118-119.
Furthermore we can see the possible H&S which seems to be formed. The neckline is corresponding to the falling shortterm down trendline - this is an action point where a decision should be made: here you can exspect high volume and a clear deciding move.
Breaking through this action point could generate a tp at the upside at TP1: 135 (MAx TP H&S) and TP2: 138 (Box`s upper edge)
Two positions are thinkable:
long: stoppbuy with trigger = neckline, Sl = 128, TP = Box`s upperedge
short. stoppsell below 128, sl 131 tp 119
Best regards
mary
הערה
Attention pls: הערה
what the f... הערה
הערה
הערה
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.