ADA - Intraday Trade Setup
Quick trendline breakout play. Wait for a confirmation candle.
1hr MACD crossed already.
There is a zonal S&R in the middle of the bounce area.
TP at red line / common resistance level
If the trendline still rejects the price, you can short or
wait for a bounce in the common support level (red line below)
1hr MACD crossed already.
There is a zonal S&R in the middle of the bounce area.
TP at red line / common resistance level
If the trendline still rejects the price, you can short or
wait for a bounce in the common support level (red line below)
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.