H1 chart is respecting the uptrend.
Price has retested the 50 SMA on the H1 timeframe.
Price also touched the Ichimoku Cloud on H1.
→ Based on the risk-to-reward ratio, I’m expecting a Call position.
Price has retested the 50 SMA on the H1 timeframe.
Price also touched the Ichimoku Cloud on H1.
→ Based on the risk-to-reward ratio, I’m expecting a Call position.
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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.