POSSIBILITY OF UP SQUEEZE BEFORE RANGING TREND - GLYHO - 240MN
GLYHO is arriving at a very important area, pink square zone.
Probable support and resistance are marked with a green to line and a red bottom line.
For the moment the trend is clearly an uptrend one. However, the market has already tested an upper point which as resulted in a strong downward pullback. The trending blue line has been holding the price up.
Beware:
-Possibility of continuous uptrend then a pullback down from the red line.
-Other possibility is a market fear which could lead to a brief retreat to the down red support.
Other thing:
- We can see that overall the market is recovering from the pandemic effect. The blue horizontal line is marking the most relevant pivot point. This is confirming a potential area where the market is at the moment.
Probable support and resistance are marked with a green to line and a red bottom line.
For the moment the trend is clearly an uptrend one. However, the market has already tested an upper point which as resulted in a strong downward pullback. The trending blue line has been holding the price up.
Beware:
-Possibility of continuous uptrend then a pullback down from the red line.
-Other possibility is a market fear which could lead to a brief retreat to the down red support.
Other thing:
- We can see that overall the market is recovering from the pandemic effect. The blue horizontal line is marking the most relevant pivot point. This is confirming a potential area where the market is at the moment.
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.
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.