Trend: Bullish
Structure: Support and resistance breakout and retest.
Plan: We look for price to respect the lower resistance level and MACD to confirm a long position.
Price has been falling for a while so we enter cautiously and wait for a firm uptick before entry
Structure: Support and resistance breakout and retest.
Plan: We look for price to respect the lower resistance level and MACD to confirm a long position.
Price has been falling for a while so we enter cautiously and wait for a firm uptick before entry
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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.