Just a simple play in an upwards channel
Only issue I have is is that there is rejection on the bottom of the channel.
Taking a closer look we see some bullish
divergence meaning it wants to go in.
I would not enter the trade until I see it enter back into the channel and it has a nice wick on the hourly indicating clear rejection of bottom of the channel. A nice risk to reward play that can take as little as 5 days to complete!
Only issue I have is is that there is rejection on the bottom of the channel.
Taking a closer look we see some bullish
divergence meaning it wants to go in.
I would not enter the trade until I see it enter back into the channel and it has a nice wick on the hourly indicating clear rejection of bottom of the channel. A nice risk to reward play that can take as little as 5 days to complete!
Nota
Entered at 3.9. Good luck to other people following this :)
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.