Microsoft is pulling down on a Channel Down.
Having failed to hold the 1.5 Fibonacci Channel level, it technically seeks the lower 1.0 level, which is where the MA200 (1d) currently is.
Trading Plan:
1. Buy on the MA200 (1d).
2. If it closes a (1d) candle under the MA200 (1d), then buy only after the first sign of an RSI bullish divergence.
Targets:
1. & 2. 340.00 and after a 1.5 Fib pull back, 367.00
Tips:
1. On a similar downtrend before the global market bottom was priced on November 4th 2022, the RSI (1d) was already on a Bullish Divergence. This is the reason for the second buy entry.
Please like, follow and comment!!
Having failed to hold the 1.5 Fibonacci Channel level, it technically seeks the lower 1.0 level, which is where the MA200 (1d) currently is.
Trading Plan:
1. Buy on the MA200 (1d).
2. If it closes a (1d) candle under the MA200 (1d), then buy only after the first sign of an RSI bullish divergence.
Targets:
1. & 2. 340.00 and after a 1.5 Fib pull back, 367.00
Tips:
1. On a similar downtrend before the global market bottom was priced on November 4th 2022, the RSI (1d) was already on a Bullish Divergence. This is the reason for the second buy entry.
Please like, follow and comment!!
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.