- Month price tagging 200EMA with a falling wedge set up. Volume above 28 is needed to confirm the hold and further breakout.
- Risk/Reward is good here only for LT passive accounts. Still needs more work for this to work as a good trade.
- Flag on daily should atleast test the trendline around 30.
- No position yet.
Trade active
Playing as scripted. Now backtesting 200EMA. Next move is going to be bigger. Will build a position soon with 28 as the stop loss now.Trade active
Real action will happen in the next cycle. Check out monthly chart.Trade active
Keep this in your retirement portfolio. Look at the quarterly chart
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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.