MONTHLY A 6moths MODE,is unwinding following a 19month mode. Price-wise, the trend has expired, but we still have one more month to go. Time expires by December close.
WEEKLY The uptrend failed to confirm, followed by a renewed downtrend. By Implication, MARKET IS BALANCED on the weekly. This signals a big move underway, whichever, bulls/bears win the fight.
DAILY Range expansion out of 5days MODE. In 3 days from now, price must reach 0.730000 to keep this new uptrend going. It is important to note that, last Friday rally ended around the current monthly downtrend MODE which is still building up. Important levels to reload longs 50% RE( 0.71637) and 75% RE(0.71369) Invalidation for long 0.711000=daily uptrend mode
Nota
With a stop @ 0.73000 I'm going to short this thing by tomorrow close, if we don't reach the price target of 0.730000.
Nota
50% entry @ 0.71637 working perfectly!
Nota
Price Target expired on RE day. TIME EXPIRED YESTERDAY
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.