Technical Analysis For Nickel Today 12-07-2019 14:00:03
by wealthmann
July 12, 2019
59
In 1 hour chart Nickel price continues to trade at 911.4 and above the (Exponential Moving Average)EMA200 value of 893.065 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 893.065 is proving a tough nut to crack.
Pivot (invalidation): 915.267