Disclaimer: This is not a buy call but for learning purpose
Technical analysis
Technical analysis
- Large volume spike for few days
- Testing next resistance and in accumulation/distribution phase.
- RSI & ZL-MACD above centerline
Trading idea (Buy on support) - Entry price: 0.680
- Cut loss: 0.670
- TP1: 0.710
- TP2: 0.730
Trading idea (Buy on breakout) - Entry price: 0.720
- Cut loss: 0.710
- TP1: 0.750
- TP2: 0.770
Trade closed: stop reached
Cut loss reached. Lesson learned: Strongest support is 0.665
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.