The price is running in a middle term sideway channel, and it is touching the channel bottom line area. Time rhythm predicates a long action.
There could be two cypher patterns. and currently CD leg could start.
In 4 hours time frame, the SlowStoch is in over sell level, and MACD would generate a divergent pattern soon for long (Predicate)
Looking for long and stop under the sideway channel bottom line.
There could be two cypher patterns. and currently CD leg could start.
In 4 hours time frame, the SlowStoch is in over sell level, and MACD would generate a divergent pattern soon for long (Predicate)
Looking for long and stop under the sideway channel bottom line.
Trade closed manually
Close the long order and open the short order.Note
The price didn't go to North based on the predication. It break out the middle term side way channel bottom line are to South. Then, It could be big movement to South.
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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.