We are now in a zone which has been tested in August and September 2018. Back then a double bottom has been formed and the price rallyed. We can also see on the 4H timeframe a falling triangle.
A strong green candle that breaks out of the H4 triangle and a strong green one that closes above $0.27 on the daily will give us the buy signal. SL will be at $0.24423. TP will be around $0.47.
When the price closes above the yellow ellipse, the stop will be set to break even.
A strong green candle that breaks out of the H4 triangle and a strong green one that closes above $0.27 on the daily will give us the buy signal. SL will be at $0.24423. TP will be around $0.47.
When the price closes above the yellow ellipse, the stop will be set to break even.
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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.