Positions | Today | Yesterday | % Change | |
Longs | 47% | 63% | -34.04% | |
Shorts | 53% | 37% | 30.19% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Sell | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Buy | |
Alligator (13; 8; 5) | Buy | Neutral | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇒ | ⇒ | ⇗ |
It could be observed that the rates largely fundamental surge from a technical perspective had bounced off the resistance of a long term ascending channel.
However, the rate could be also observable as being influenced by the weekly R1 and a 50.00% Fibonacci retracement level. These levels of significance combined had squeezed in the rate between the 1.2830 and 1.2850 levels.
It was expected that a break out should occur, as the 55-hour SMA approaches.