API3 looks ready for a new bullish wave. bullish divergence on 12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Retest yellow box to enter and wait for the setup to complete next weeks.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
You can buy yellow area according to demand > trading volume > hence previous Price Action.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Retest yellow box to enter and wait for the setup to complete next weeks.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
You can buy yellow area according to demand > trading volume > hence previous Price Action.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
