My trading plan is very simple. I buy or sell when: * Price tags the top or bottom of parallel channel zones * Money flow spikes above it's Bollinger Bands * Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in channel zone at top of channels (period 100 52 & 26) Stochastic Momentum Index (SMI) at overbought level Money flow momentum is spiked positive and over top of Bollinger Band Target is $110 or channel top bottom
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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.