Technical Analysis For Nickel Today 11-07-2019 19:00:04
by wealthmann
July 11, 2019
90
In 1 hour chart Nickel price continues to trade at 917.5 and above the (Exponential Moving Average)EMA200 value of 890.918 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Nickel continues to trade above level, that could be an extraordinarily Bullish sign for Nickel
Even so, the 200-candle Exponential moving average (EMA) price range of 890.918 is proving a tough nut to crack.
Pivot (invalidation): 912.267