Strong Buying in Equities has created a bullish engulfing candle on 1H
Still a few hours left on 4H, but possibly same pattern
Price is bouncing from Key Daily support (Aug Daily Close 1837). Still trading in an up channel, and has not breached the channel to the downside as of yet. The Elliott Wave sub structure has been unfolding as a triple corrective, and therefore the same can be expected on the 1H chart.
Don't have exact targets for this one, will see how it reacts near the top of the channel. Stops below the spike low and beneath the channel.
Some of the Yen pairs are also starting to show signs of bottoming after a strong sell off, which supports this trade with recent strong correlations.
Still a few hours left on 4H, but possibly same pattern
Price is bouncing from Key Daily support (Aug Daily Close 1837). Still trading in an up channel, and has not breached the channel to the downside as of yet. The Elliott Wave sub structure has been unfolding as a triple corrective, and therefore the same can be expected on the 1H chart.
Don't have exact targets for this one, will see how it reacts near the top of the channel. Stops below the spike low and beneath the channel.
Some of the Yen pairs are also starting to show signs of bottoming after a strong sell off, which supports this trade with recent strong correlations.
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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。