once the 5300-6500 block is taken, the next block would be 8500-10000. HIgh risk play for this but the risk has greatly mitigated by the announcement at the end of March. Play at your own risk.
there is no reason for me not to enter a long here.
Pulling the trigger here to go for long. Reasons for long postiion: 1)Daily looks like it wants to print a bullish hammer. 2) Bullish DIvergence on RSI 3) Downtrend volume has decreased a lot in the daily time frame 4) Almost reaching the bottom of Bolliger Band Wish me luck ;) If this trade turns out to be in favor, partial profit taking will start form...
Daily time frame price action shows no sign of reversal, it would be irrational to hop in so early. B zone 1 shows a lot of confluence and I'm ready to scale in slowly from B zone 1 to B zone 2. Weekly time frame shows no bullish sign either FYI. So please exercise extra caution before buying the dip!
It has been a very long time I'm away from TV as I was very busy lately. Anyway, if you have seen my previous chart and entered the position, congratulations! You have made some sick GAINZ for around 122% for now. On the daily timeframe , I have noticed a bearish divergence indicating the buying pressure is decreasing and there might be a slight pullback from...
ACCUMULATE AS MUCH AS POSSIBLE. Look at my previous chart and now the price has gone into the green region. TIME TO ACCUMULATE <3 DAILY BULLISH DIVERGENCE. ALSO, TESTING THE SUPPORT RSI TRENDLINE.