The chart show bullish momentum in the major timeframe.
1) weekly chart = Uptrend channel dominant
2) Daily chart = price traps support lure people to short then retrace back
Therefore, i entry in Daily timeframe reason, and will hold this position until it hit upper channel
I will take partial at the resistance for 2 times. Then the final tp
it will be 25% , 25% , 50%
1) weekly chart = Uptrend channel dominant
2) Daily chart = price traps support lure people to short then retrace back
Therefore, i entry in Daily timeframe reason, and will hold this position until it hit upper channel
I will take partial at the resistance for 2 times. Then the final tp
it will be 25% , 25% , 50%
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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.