Hello guys
first please take a look at my last SLP analysis at link below
It seems to me that price is finishing its 5th wave of C wave of an ABC flat correction.
there are three lines as wave 5 TP but the red one is ALSO the all-time support ( you can search it )
to enter long:
1 you can wait for trend line to break
2 you can go to 4H and wait for a minor high to break
3 you can buy at this area ( best at red line ) , but its risky at this market
4 you can wait for MACD to turn upward
5 if you are a RSI guy you can enter now as the indicator has entered the red area ( not recommended )
1 being the best
your TPs are 0.1 $ --- 0.3 $ and beyond
first please take a look at my last SLP analysis at link below
It seems to me that price is finishing its 5th wave of C wave of an ABC flat correction.
there are three lines as wave 5 TP but the red one is ALSO the all-time support ( you can search it )
to enter long:
1 you can wait for trend line to break
2 you can go to 4H and wait for a minor high to break
3 you can buy at this area ( best at red line ) , but its risky at this market
4 you can wait for MACD to turn upward
5 if you are a RSI guy you can enter now as the indicator has entered the red area ( not recommended )
1 being the best
your TPs are 0.1 $ --- 0.3 $ and beyond
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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.
Related publications
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.