Traders,
- Prices are in a possible momentum
- Price actions indicate that an uptrend flag and now a downward flag pattern has been created.
- Prices need to reject the support zone .
- At the moment of writing, prices are trying to retest the support zone . Which will be a fundamental indicator if a buy entre can be considered or not.
* If price actions are supported by the rejection of the support channel, I would definitively make an entry with a ST and TP1*
Like if you like the idea, and don't forget to comment and follow for more daily news.
I hope this can help you, however this is not a financial advise.
Regards,
Kevin C. Best
- Prices are in a possible momentum
- Price actions indicate that an uptrend flag and now a downward flag pattern has been created.
- Prices need to reject the support zone .
- At the moment of writing, prices are trying to retest the support zone . Which will be a fundamental indicator if a buy entre can be considered or not.
* If price actions are supported by the rejection of the support channel, I would definitively make an entry with a ST and TP1*
Like if you like the idea, and don't forget to comment and follow for more daily news.
I hope this can help you, however this is not a financial advise.
Regards,
Kevin C. Best
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.