Quick setup to join the trend.
Nothing fancy here, just normal support/resistance rules with few bonuses
What i do like of the setup is the 100 EMA acting as resistance, and the .618 retracement of the last impulse leg coming right around too.
Nice divergence overbought in the RSI forming a double top, let's see.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
What i do like of the setup is the 100 EMA acting as resistance, and the .618 retracement of the last impulse leg coming right around too.
Nice divergence overbought in the RSI forming a double top, let's see.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
Trade active
Order filledTrade closed: target reached
1st Target hit, stops now in BETrade closed: target reached
2nd target reached
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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.