Long
LEND - Uptrend will continue ?
Look at the LEND chart, yesterday the uptrend line was confirmed on D1.
In addition, from the beginning you can see that LEND creates a higher high and higher low, what says it can be recognized as a trend.
The next thing is ICHIMOKU, we are high above the kumo cloud, it gives us the first signal to take a long position. For now for a strong signal according to the ICHIMOKU system, we still have to cross the KIJUN-SEN average.
Supporting indicator for a long position is the moved average CHIKOU-SPAN above the price.
And the most important thing, if this trend continues, if everything goes as planned, we have very good RR
In addition, from the beginning you can see that LEND creates a higher high and higher low, what says it can be recognized as a trend.
The next thing is ICHIMOKU, we are high above the kumo cloud, it gives us the first signal to take a long position. For now for a strong signal according to the ICHIMOKU system, we still have to cross the KIJUN-SEN average.
Supporting indicator for a long position is the moved average CHIKOU-SPAN above the price.
And the most important thing, if this trend continues, if everything goes as planned, we have very good RR
Note
It is also worth adding a clear exit from a clear falling wedge, exactly on the trend line at D1
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.
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.