https://www.tradingview.com/x/0YKXbdMA/
I have been following HBARUSD for a bit over a week. I was wondering why it was getting huge volumes lately. Hidden away on higher time frames 'monthly' & 'weekly' charts reveals the reasons volume and buying is on increase.
Price breaking out of a triangle on Monthly chart very, very recently and price moving back to retest this breakout and give buyers another opportunity at the better price.
Weekly chart is a Top 2 and price snapping back to retest the Top of this system.
A good trade with a longer term view, or cash in on the short term with its volatility supportive of long prices.
I have been following HBARUSD for a bit over a week. I was wondering why it was getting huge volumes lately. Hidden away on higher time frames 'monthly' & 'weekly' charts reveals the reasons volume and buying is on increase.
Price breaking out of a triangle on Monthly chart very, very recently and price moving back to retest this breakout and give buyers another opportunity at the better price.
Weekly chart is a Top 2 and price snapping back to retest the Top of this system.
A good trade with a longer term view, or cash in on the short term with its volatility supportive of long prices.
Trade active
Buying market price 0.14 up to 0.1430
SL: 0.1198
TP1: 0.1530
TP2: 0.35
Note
Very low timeframe a few moments agoNote
Break-Through:Note
How about a 1HR buy:Note
Note
Note
Note
Price wound up in a head n shoulders to the downside.Watch out for a very sharp snap back to the LONGSIDE when this pattern completes. 15M tf.
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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.