-We hit the buttom of the forpitch channel -MACD begins to show signs of flattening, I think therefore we can now expect a period of more upward momentum. -If we also follow RSI on daily then I think it has hit bottom and just started up its momentum upwards -150 days ema support in bb -downchannel trend buttom hit
I'm not a financial adviser, this is just something I do and these are my opinions and thoughts :)
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Congratulations to you who followed my advice, we received 15% profit if you sold on my first target. I expect another attempt at the same target to see if we can manage to reach goal 2.
Im sold 75% on target one and im now buying back here now between 725 - 714 ! Let see how it plays out now ;)
Remember im a swing trader, not a day trader so i look at the bigger pic than they who are daily trading
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We will now try the resistance level again i think as expectet, i see strong reistance around 760.
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Also resistance at 740 this can be a dobbel top then we go down again if we cant break it
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I think if we now can hold support on 20 days ema on 1daily we will attempt to go to my secend target.
Macd also looking good, and if we can continue this upwards momentum we will cross and see some more gains on trx here.
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Since we could break 740 we did the dobbel top and need to rest and gain more power to try another time
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