Price is approaching a minor resistance. Hence, some profit taking is expected and price may range for a while before taking off.
Daily and H4 Charts: Strong bullish momentum
M30: Re-entry opportunity
Buy conditions:
1) All Ichimoku signs are bullish
2) Price > 200 EMA which is pointing upward
3) Tenkan + Kijun + SSA + SSB are all pointing upward
4) SSA is making a new high and future kumo is getting thicker
Daily and H4 Charts: Strong bullish momentum
M30: Re-entry opportunity
Buy conditions:
1) All Ichimoku signs are bullish
2) Price > 200 EMA which is pointing upward
3) Tenkan + Kijun + SSA + SSB are all pointing upward
4) SSA is making a new high and future kumo is getting thicker
Trade active
Risk free trade. Trailing SL to let profits run.
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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.
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.