VELO looks beautiful on all higher time frames. I especially like 3D RSI, which is setting up nicely, but needs to stay above 50 level. 12H and D1 look great as well...both RSI position and market structure. I first want to see what happens when price breaks above the previous highs marked with the blue horizontal line.
Ideally I would like to long the restes of the broken level and a retest of 12H 200 EMA and SMA.
Another option would be to simply go in with a starter position once the level breaks. I would preferer option 1. Let see what we get
Happy trading
Ideally I would like to long the restes of the broken level and a retest of 12H 200 EMA and SMA.
Another option would be to simply go in with a starter position once the level breaks. I would preferer option 1. Let see what we get
Happy trading
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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.