My trading plan is very simple. I buy or sell when price tags the top or bottom of parallel channels. I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 & 26) Stochastic Momentum Index (SMI) at oversold overbought level VBSM is negative and under at bottom of Bollinger Band Entry at $26 Target is $30 or channel top Stop loss is $25.50
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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.