MQG seems to be struggling to break out of the bear momentum established over the whole market.
The run from the low of $85 to the recent high of $102ish attempted to pierce the longer band of GMMAs, but has been rejected. This rejection occured just a little above the 0.382 fib retracement line. Note this is also the support found in December 2018 turning into resistance.
Note also that OBV would appear to be downtrending with a LL formed to coincide with the test of the fib/GMMA/resistance point.
This idea would become invalid if price can exceed the 0.382 fib level and find support, in so doing breaking into the long GMMA band
The run from the low of $85 to the recent high of $102ish attempted to pierce the longer band of GMMAs, but has been rejected. This rejection occured just a little above the 0.382 fib retracement line. Note this is also the support found in December 2018 turning into resistance.
Note also that OBV would appear to be downtrending with a LL formed to coincide with the test of the fib/GMMA/resistance point.
This idea would become invalid if price can exceed the 0.382 fib level and find support, in so doing breaking into the long GMMA band
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。