strategy: we see that mrna is bearish in all of its short and long term charts, but the movement on Friday was bullish which ended with a fall. if the opening is below 220.00 the trend is downward, but if it manages to overcome the 222.00 bullish continuity price we will have a change towards the uptrend if they continue
bearish entry: if the opening is below the closing price, it is bearish from 221.00 220.00, but since it is below the close of the previous day the price will be within the buy zone, it is best to let the price retest in the buy zone to put the bearish entry in the closing price zone.
A small TIP: if you see that the opening is below the previous close from that point the price could rise violently and in this case we await confirmation to take entry until exit in the sell zone.
bearish entry: if the opening is below the closing price, it is bearish from 221.00 220.00, but since it is below the close of the previous day the price will be within the buy zone, it is best to let the price retest in the buy zone to put the bearish entry in the closing price zone.
A small TIP: if you see that the opening is below the previous close from that point the price could rise violently and in this case we await confirmation to take entry until exit in the sell zone.
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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.