Earlier i did an analysis on a new trading strategy i wanted to try out.
The previous post was for a short term sell opportunity, that i now believe is a part of a much larger bull trend.
This doesnt mean i was wrong earlier. I believe there could be an opportunity to take advantage of the period of consolidation where the market trades within this triangle pattern. We can see that there has been a retracement in the initial bull trend to the 50% fib level
Once the market breaks out of the 1.373 level we could see a continuation of the bull trend.
I AM NOT AN EXPERT TRADE AT YOUR OWN RISK.
The previous post was for a short term sell opportunity, that i now believe is a part of a much larger bull trend.
This doesnt mean i was wrong earlier. I believe there could be an opportunity to take advantage of the period of consolidation where the market trades within this triangle pattern. We can see that there has been a retracement in the initial bull trend to the 50% fib level
Once the market breaks out of the 1.373 level we could see a continuation of the bull trend.
I AM NOT AN EXPERT TRADE AT YOUR OWN RISK.
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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.