We are in a consolidation, and the 13.19 is a ceiling for GE, while the 12.94 is a floor. According to Al Brooks, 80% of the breakouts are going to be false, so we must be careful.
The time to buy is near the support, but there’s a chance we’ll see a breakout from the 13.19.
We have a possible advanced breakout in the 4h chart, and if confirmed, this can make GE fly and close the gap around 13.90.
This is something that favor the buyers, but again, let’s wait for the confirmation on the price action! Also, the 20ma is right there above us, so, we must see a good breakout as soon as possible.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
The time to buy is near the support, but there’s a chance we’ll see a breakout from the 13.19.
We have a possible advanced breakout in the 4h chart, and if confirmed, this can make GE fly and close the gap around 13.90.
This is something that favor the buyers, but again, let’s wait for the confirmation on the price action! Also, the 20ma is right there above us, so, we must see a good breakout as soon as possible.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
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.