Holding here a little longer and there is a potential for an uptrend
The market is getting oversold long term, but we still have to watch out because in bearish scenarios the market goes oversold beyond parameters, but if we see some holding of resistance then we can assume that there is no interest to continue to sell and we should be buying for a long, however waiting for a full bounce is the safer route since there is no risk involve.
On the other hand catching an accumulation early could potential increate profit margins.
My plan is to buy the 74-75k line and put a good stop loss, I will fully go in once the price start moving up.
My get off targets are 80-81k and if that holds then it moves up to the 88-90k line once again.
The market is getting oversold long term, but we still have to watch out because in bearish scenarios the market goes oversold beyond parameters, but if we see some holding of resistance then we can assume that there is no interest to continue to sell and we should be buying for a long, however waiting for a full bounce is the safer route since there is no risk involve.
On the other hand catching an accumulation early could potential increate profit margins.
My plan is to buy the 74-75k line and put a good stop loss, I will fully go in once the price start moving up.
My get off targets are 80-81k and if that holds then it moves up to the 88-90k line once again.
Dagangan aktif
Ta Da! that was faster than expected, OK now it has to test the 80-81k line and if it holds there is a potential for a 88-90k retry! The same way if it holds there then there is a potential for 110k retry!Dagangan ditutup: sasaran tercapai
Secure profits, The 88k target will not be hit on this wave, we have to wait around, let's see if going down will hold 80-82kI will post my new trade after I see the market with more clarity, I want to short but the market is too bullish, so I rather wait a bit longer.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.