Going Long at 26257 (previous High +20), with a Stop at 25845 (previous Low -20), and a Target at 27266 (close of 07-24) - using Heikin-Ashi candles.
Base on : two previous legs of Negative volume indicating a possible reversal, and Indicators (below pane) pushing for an up reversal.
Risk: possible turning back down, trading Long against a down trend.
Base on : two previous legs of Negative volume indicating a possible reversal, and Indicators (below pane) pushing for an up reversal.
Risk: possible turning back down, trading Long against a down trend.
Note
The Stop is placed at 25845 (previous Low -20) instead of (Low of 08-18 -20)
Wyn-Trader
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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.
Wyn-Trader
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.