Hourly Chart: Flat Top Declining Bottom, Hypothetical range: 4.29%. Bullish:1.34, Bearish 2.95% (recent rejection from the top make downtrend more likely. (Bearish)
Daily Chart: Long upper shadow and closing below last 5 days close make downtrend more likely. (Bearish)
Weekly Chart: long upper shadow and penetrating below 50% of the last bullish candle. (Bearish)
Monthly Chart: Close just below February's highest level. surprising 5.88% after 3 months of neutral to the bearish market. (Bullish)
Futures: below the current market with increased volume above the monthly average! (Bearish)
Conclusion: Bearish sentiment for the next week is the most probable scenario.
Educational Articles:
Daily Chart: Long upper shadow and closing below last 5 days close make downtrend more likely. (Bearish)
Weekly Chart: long upper shadow and penetrating below 50% of the last bullish candle. (Bearish)
Monthly Chart: Close just below February's highest level. surprising 5.88% after 3 months of neutral to the bearish market. (Bullish)
Futures: below the current market with increased volume above the monthly average! (Bearish)
Conclusion: Bearish sentiment for the next week is the most probable scenario.
Educational Articles:
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Aviso legal
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Aviso legal
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.