Looks like 1H wants another up trend here ...
Rsi is forming an up trend wedge here ...
Since we break ichimoko cloud and we have dynamic support of ma 50, there is a chance for another up trend ...
Possible targets would be 9400, 9500 and 9600.
If we lost ma support and break the ichimoko cloud ... or even touch the bottom of it, it means up trend rejected ...
For now rsi wants up trend, by these supports and resistances I can confirm that ...
In the other side I will change the way if rsi break the resistance ... as you know ... we are going down ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Rsi is forming an up trend wedge here ...
Since we break ichimoko cloud and we have dynamic support of ma 50, there is a chance for another up trend ...
Possible targets would be 9400, 9500 and 9600.
If we lost ma support and break the ichimoko cloud ... or even touch the bottom of it, it means up trend rejected ...
For now rsi wants up trend, by these supports and resistances I can confirm that ...
In the other side I will change the way if rsi break the resistance ... as you know ... we are going down ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Trade fechado: objetivo atingido:
First one reached
Trade fechado: objetivo atingido:
It seems rsi failed to break the resistance
I'll close my trade here.
I'll close my trade here.
Good luck guys.