1) Short-term uptrend, candles above MA (9) and price within the short-term upward channel.
2) Waiting for the price to reach the 38.2% level of the fibonacci and touch the top of the long-term bearish channel.
3) Possible crossing of MA (9) at that time, which would confirm the trend and validity of the long-term bearish channel.
4) Stochastic in positive zone and with bullish direction at the moment, waiting for signals to cross down.
Setup:
Entry = 1490.453
SL= 1500.919
TP1= 1481.841
TP2= 1473.313
TP3= 1461.172
TP4= 1445.707
2) Waiting for the price to reach the 38.2% level of the fibonacci and touch the top of the long-term bearish channel.
3) Possible crossing of MA (9) at that time, which would confirm the trend and validity of the long-term bearish channel.
4) Stochastic in positive zone and with bullish direction at the moment, waiting for signals to cross down.
Setup:
Entry = 1490.453
SL= 1500.919
TP1= 1481.841
TP2= 1473.313
TP3= 1461.172
TP4= 1445.707
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.
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.