Weekly
Consolidation in downtrend
No Divergency
Price above criticial level of 50.
Will test and if break will up to 100.
Daily
Range
Weak power of trend = will continue range
Only if price will break and confirm 50 then buy
Open 50
SL 45
TP 80
RR 4
I expect it as very long trade. If you look for safe position it couldd be good.
Consolidation in downtrend
No Divergency
Price above criticial level of 50.
Will test and if break will up to 100.
Daily
Range
Weak power of trend = will continue range
Only if price will break and confirm 50 then buy
Open 50
SL 45
TP 80
RR 4
I expect it as very long trade. If you look for safe position it couldd be good.
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.