Started by forex4you, Oct 07, 2022, 04:16 am
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( NEARUSDT 1W Chart)
The key is whether the 2.792-3.545 zone is supported and able to rise.
(1D chart) The 2.792-3.545 interval is the interval that determines the trend.
So, if the price holds at or above the 2.792-3.545 range, it is expected to rise.
In order to turn into an uptrend, it must rise above the HA-Low indicator.
Therefore, it should rise above 4.063.
In order to continue the upward trend, it must rise above the HA-High indicator.
So, we need to see if we can sustain the price by moving towards the 4.682-5.638 range.
In the SR_R_C indicator, the Stoch RSI and CCI indicators are entering the overbought zone, so it is necessary to check whether the 2.792-3.545 zone is supported when it breaks out of the overbought zone.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI (columns), CCI (bgcolor). ** CCI indicator is expressed as overbought range ( CCI > +100) and oversold range ( CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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