that blue line is the line that connects two important highs, the 20k and 14k. we had a rally from 3.8k to 10k then we are consolidating in an ascending channel it feels like 2019. when every correction in that time was a consolidation in an ascending manner actually volume is declining since we met 10k.
as i showed you on the chart above the yellow circle is the the end of an impulsive wave and now we are at a correction phase. we don't see volume and it's declining and market is lowering it's fluctuations.
my suggest is to long this market and here is a edge to start:
open a long position :
size : 50% of equity
EP = 9440 (now)
SL = 8800
TP = 10500
as i showed you on the chart above the yellow circle is the the end of an impulsive wave and now we are at a correction phase. we don't see volume and it's declining and market is lowering it's fluctuations.
my suggest is to long this market and here is a edge to start:
open a long position :
size : 50% of equity
EP = 9440 (now)
SL = 8800
TP = 10500
Nota
just touched 61.8
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.