HM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Wave and momentum extended in higher time frame
- Heathy retracement with low selling pressure
- Support at zone @ 0.10585 - 0.10810
It is good to consider buying some at current level, with a good reward to risk ratio. it is likely to challenge and break previous high if the momentum carry.
- Wave and momentum extended in higher time frame
- Heathy retracement with low selling pressure
- Support at zone @ 0.10585 - 0.10810
It is good to consider buying some at current level, with a good reward to risk ratio. it is likely to challenge and break previous high if the momentum carry.
Note
break SL and loss in momentumTrade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.