GU For Buy
Updated
Based on my analysis, I'm predicting price is to sell around 1.40911 as that being a zone area (support level). Once it reaches that area I predict it will go longterm reaching 1.41945 to 1.42141. 1.42141 is a higher zone area (resistance level) that I believe it will eventually break through if not this week maybe next week or the week after.
If it breaks through zone area @ 1.40911, it may continue to sell to a lower zone @
1.39849.
If it breaks through zone area @ 1.40911, it may continue to sell to a lower zone @
1.39849.
- Indicators:
MA - price looks to buy before actually crossing my ma, once it crosses (on m15) it will give me more of a confirmation to enter for buy
BB - price almost touched bottom Bollinger band, it can continue short until it finally touches then finally bounce off of bottom to top Bollinger band.
RSI - price looks to have reach a low point, it can continue to go lower before buying.
.
Note
If price goes long my TP would be TP 1 @ 1.41642
TP 2 @ 1.41972
TP 3 @ 1.42291
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