MULTI TIME-FRAME ANALYSIS
M60
A Double top chart formation clearly formed
Noticeable upward channel break out
RSI and MACD Divergent at the tops of the formation
M240
A broader view with clearer pic showing agreement either way; Double top , Channel breakeout.
D1
Shows an agreeing trend continuation trade after retracement to Moving average trend line .
The trend line has been respected for so long that it is almost impossible it will fail this time round
as no major news data in immediate sight.
Happy trading. lets see how it unfolds. will update after trade is validated/invalidated
M60
A Double top chart formation clearly formed
Noticeable upward channel break out
RSI and MACD Divergent at the tops of the formation
M240
A broader view with clearer pic showing agreement either way; Double top , Channel breakeout.
D1
Shows an agreeing trend continuation trade after retracement to Moving average trend line .
The trend line has been respected for so long that it is almost impossible it will fail this time round
as no major news data in immediate sight.
Happy trading. lets see how it unfolds. will update after trade is validated/invalidated
עסקה סגורה: היעד הושג:
Target successfully reached. Great if you tagged along. If u couldn't, too bad,catch u next time.