UPS - Delivering A Trend Continuation...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈UPS has been overall bullish long-term, trading above the orange trendline.
Currently, UPS is in a correction phase trading within the falling channel marked in black.
Moreover, the zone marked in blue is a strong demand zone and round number $100.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendlines acting as non-horizontal support.
📚 As per my trading style:
As #UPS approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📈UPS has been overall bullish long-term, trading above the orange trendline.
Currently, UPS is in a correction phase trading within the falling channel marked in black.
Moreover, the zone marked in blue is a strong demand zone and round number $100.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendlines acting as non-horizontal support.
📚 As per my trading style:
As #UPS approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Get Funded up to $200,000 (Crypto)
cutt.ly/PropW
RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Get Funded up to $200,000 (Crypto)
cutt.ly/PropW
Trading Made Simple; and Rule-Based
RichTL.com
Instagram
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Get Funded up to $200,000 (Crypto)
cutt.ly/PropW
RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Get Funded up to $200,000 (Crypto)
cutt.ly/PropW
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