DOW THEORY: LONG DIVERGENCE: LONG TREND LINE: LONG PARALLEL CHANNEL: LONG
SHORT BIAS
CANDLES: SHORT FIBONACCI: SHORT (TGT 0.5)
PLAN 1
1. Wait for bullish candles at 215.00 2. If it confirms then take a long position. 3. TP = 226.00 4. SL = Fib 0.5 lvl (210.00).
PLAN 2
1. If the trend line breaks at 215.00 then wait for bullish signals at 210.00. 2. If bullish signals are significant then take long above 210.00. 3. TP = Fib lvl 0.382 (217.00) 4. SL = Fib lvl 0.618 (204.00)
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.