LoveForCharts

CN50USD -Ascending triangle formation

LoveForCharts 已更新   
OANDA:CN50USD   China A50
China 50 creating a Ascending triangle formation, watch out for divergences going ahead on RSI and price action. Also, ROC over 0 In the positive direction may encourage upwards trend and otherwise in case of sub zero.

Watch out for trends on movements

We are approaching climax and breakout zone and in the Set up stage now . Interestingly, on Daily charts, CQQQ, the technology index for CQQQ tried to make an upward move but came back in zone too. but approaching climax zone. It will nice to see how they all develop going ahead.

Look out for more in this space

If you like what you read, please share a thumbs up !

Cheers
评论:
Given the way the chart has been developing, this seems an apt time to take a short position now at these levels. The SL can be set up at 14600 and TP at 13,365
评论:
Please look at my new analysis on this with trade details
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。