Catch the Wave - "1986 Coca-Cola Slogan"

1 Nov

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈KO has been overall bullish, trading above the red trendline.

Moreover, it is approaching a demand zone marked in red.

🏹 The highlighted red circle is a strong area to look for buy setups as it is the intersection of the demand zone and red trendline acting as a non-horizontal support.

📚 As per my trading style:
As #KO approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

6 Nov

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