both the weekly and daily are bullish
so the overall trend is bullish
price is above all the MA on daily as well
daily tf forming bullish flag
non farm employment was better than
expected
waiting on break of up trendline of flag and close
followed by bullish confirmation or retest of broke trendline for entry. target pretty big
based on daily imbalance that could be filled (blue arrows).
1:4 risk to reward
so the overall trend is bullish
price is above all the MA on daily as well
daily tf forming bullish flag
non farm employment was better than
expected
waiting on break of up trendline of flag and close
followed by bullish confirmation or retest of broke trendline for entry. target pretty big
based on daily imbalance that could be filled (blue arrows).
1:4 risk to reward
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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.