Ok guys as you can see price is more than ichimoko cloud and also we can see a bull flag is forming.
If macd could stay above the axis and rsi respect to support line, we can see 10050, Im not sure about 1400, because 10050 is one of the local resistances for itself and its possible to see a big down trend after touching it, if it reject us(Rejection of 9800 could push us to 9400 too ...).
I'll stay here for a while to see a confirmation above 9700, and also rsi respects and macd power.
Volume is getting lower its really near to see another trend here.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
If macd could stay above the axis and rsi respect to support line, we can see 10050, Im not sure about 1400, because 10050 is one of the local resistances for itself and its possible to see a big down trend after touching it, if it reject us(Rejection of 9800 could push us to 9400 too ...).
I'll stay here for a while to see a confirmation above 9700, and also rsi respects and macd power.
Volume is getting lower its really near to see another trend here.
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 closed manually
Ok guys, as you see we are rejected from 9800.9350 is possible now as I said wrote that in the description.
But keep your eyes open, we are still in flag ...
Its possible to see 9900 too.
Good luck
Note
But I recommend you to not enter trade now ...Something is wrong here.
I have bear and bullish signs ...
This is not a good thing ...
I wont enter trade now ...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.