Hello Dear Traders!
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And happy new year๐ฅณ
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The reasoning for this setup
โโโโโโโโโโ
- is quite simple It's a Major Turn level / W = Weekly
- and if you look at the volume range is hvn ( High Volume Node)
- volume or vol is Lvn ( Low Volume Node ) This often happens before there is a rising uptrend In the market
- And last but not least, of the volume indicators the Fixed Range the Fixed Range has Hvn on the way up to the target
- And we are waiting for the resistance break and the inner Trent break. for a continuation of the new uptrend
------
And happy new year๐ฅณ
------
The reasoning for this setup
โโโโโโโโโโ
- is quite simple It's a Major Turn level / W = Weekly
- and if you look at the volume range is hvn ( High Volume Node)
- volume or vol is Lvn ( Low Volume Node ) This often happens before there is a rising uptrend In the market
- And last but not least, of the volume indicators the Fixed Range the Fixed Range has Hvn on the way up to the target
- And we are waiting for the resistance break and the inner Trent break. for a continuation of the new uptrend
Note
โ๏ธ Update
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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.
Related publications
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.