THCBTC - Bounce off of 4H MA Cloud
Updated
THC has recently had a few upward price swings which have been respecting Ehlers MA cloud. With 4H momentum shifting to the upside and a bounce off the cloud, this is a good place to open up some positions.
Target taken from the 1.618 fib extension.
Target taken from the 1.618 fib extension.
Trade active
Opening up positions on the anticipation of the 4H Ichimoku kumo breakout.Trade active
4H View:Trade active
Positions still open and waiting. Ehlers sentiment is currently bearish on the 4H chart, expecting it to flip bullish soon based on daily chart.
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.