AAL - Like An Eagle 🦅
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on MONTHLY: Left Chart
After rejecting the 26.0 resistance zone, AAL has been overall bearish.
However, AAL is now sitting around a strong support zone and round number 10.0
on WEEKLY: Right Chart
For the bulls to take over, we need a break above the last major high in gray.
Meanwhile, until the buy is activated, AAL can still trade lower inside the 10 - 12 support zone where we will be looking for short-term buy setups on lower timeframes.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on MONTHLY: Left Chart
After rejecting the 26.0 resistance zone, AAL has been overall bearish.
However, AAL is now sitting around a strong support zone and round number 10.0
on WEEKLY: Right Chart
For the bulls to take over, we need a break above the last major high in gray.
Meanwhile, until the buy is activated, AAL can still trade lower inside the 10 - 12 support zone where we will be looking for short-term buy setups on lower timeframes.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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