(FB buy price 362.00)
(FB sell price 359.00)
strategy: again we have divergence 5mn bearish 15mn bullish. our bullish entry is confirmed when the price rises above the 5mn chart to the 365.00 double top, with another possible buy entry at 366.00 should the double top be broken.
If it opens lower, we will have a bearish continuation, but with the moving average 200 below
(FB sell price 359.00)
strategy: again we have divergence 5mn bearish 15mn bullish. our bullish entry is confirmed when the price rises above the 5mn chart to the 365.00 double top, with another possible buy entry at 366.00 should the double top be broken.
If it opens lower, we will have a bearish continuation, but with the moving average 200 below
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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.