There is a golden cross.
RSI beckons a positive move.
EMA50 is a strong support.
EMA30 is a resistance area for now.
Volume is strong.
Resistance zones are in red, and support zones are in green. Plus, some resistance areas are minor and some are major. If you look at the price action history, you will pick up on that.
CAUTION: Open a trade after a candle closes above 15.30.
Targets are: 17.28, 18.31, 21.3
RSI beckons a positive move.
EMA50 is a strong support.
EMA30 is a resistance area for now.
Volume is strong.
Resistance zones are in red, and support zones are in green. Plus, some resistance areas are minor and some are major. If you look at the price action history, you will pick up on that.
CAUTION: Open a trade after a candle closes above 15.30.
Targets are: 17.28, 18.31, 21.3
Note
I would appreciate your support if you found the analysis useful.Note
The trigger is activated; however, I am still waiting for confirmation.Note
The trigger is activated, again! Waiting for confirmation.Trade active
Upswing confirmed with a 90MIN candle closed above the resistance!Note
Check what happened the last time around MA50 was touched.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.