Might see 400 rejection, retest 396 if so
Short swing 1/2 days
MACD cross, 5D SMA crossing 21 EMA, price above 50D SMA
Confluence around 402/403 range
Short swing 1/2 days
MACD cross, 5D SMA crossing 21 EMA, price above 50D SMA
Confluence around 402/403 range
Note
What I did wrong here was that I was supposed to be targeting a short put around the .618 area after confirmation on the lower Fibinnocci level patternNote
Did not recognize as 400 level was hard resistence in a down trending chart, do not call bullish patterns in down trend
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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.