*Trend direction: Uptrend with Higher-High & Higher-Low pattern. Rally when it breaks 0.495 *Yellow-Diamond( BT ) has appeared on 25-Nov, an indication of the bottom. *Price breaks, stand above and supported by Bull/Bear Divider (Redline) on 12-Jan, an indication of a trend reversal. *Candle has turned from Red to Blue color on 13-Jan, an indication of Uptrend reversal. *Power volume (Red histogram) appeared 4x in Dec'20 and 06-Jan recently, an indication of the presence of big players.
*Disclaimer: This is not a Buy or Sell suggestion but solely sharing the information...Trade at your own risk. *Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively). *Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it.
Signal's Interpretation: ENTRY Signal:- *BT-Yellow-Diamond = Bottom reversal signal. *Green-Upward-Triangle = Potentially a Bottom signal. *Green-Dot = U-Turn entry point signal. *Blue-Candle = Market at Uptrend sentiment. *Candle color changed from RED to BLUE & Candle closed "ABOVE" the Bull/Bear Divider (Redline).
EXIST Signal:- *Red-Dot = Potentially a Top signal. *Yellow-Dot = Potentially a Top signal. *Red-Candle = Market at Downtrend sentiment. *Candle color changed from BLUE to RED & Candle closed "BELOW" the Bull/Bear Divider (Redline)
*INTERESTED WITH OUR TTS (TREND TRADING SYSTEM) SIGNAL TEMPLATE? YOU ARE WELCOME TO CONTACT OR PM US FOR ACCESS.
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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.