Singkat
NLOK - Norton Life lock - Bearish Divergence
Weekly:
On the weekly we see the prices go higher, while EFI and MACD Histogram diverge in relation to prices.
There is a ATR channel divergence as well, the high top goes well above +4 ATR, the top after that to +2,5 ATR and the current top to +2 ATR.
Previous pullbacks dip to somewhat below the EMA, around -0.5 ATR.
That would set the targets between 21 and 20.
Daily:
It shows a divergence here as well, with EFI and MACD-H. It also shows a divergence with Stochastic RSI, with a higher price top, Stochastic RSI turns on a lower level.
In my experience, this is a strong sign as well.
Entry would be:
23.39
Target 1: 21,05
Target 2: 20,05
SL: 24,68
R/R ratio: 1:2 for target 1
R/R ratio: 1:3 for target 2
The Stop loss is outside the 2 ATR channel, 1.5 ATR away from the current price.
On the weekly we see the prices go higher, while EFI and MACD Histogram diverge in relation to prices.
There is a ATR channel divergence as well, the high top goes well above +4 ATR, the top after that to +2,5 ATR and the current top to +2 ATR.
Previous pullbacks dip to somewhat below the EMA, around -0.5 ATR.
That would set the targets between 21 and 20.
Daily:
It shows a divergence here as well, with EFI and MACD-H. It also shows a divergence with Stochastic RSI, with a higher price top, Stochastic RSI turns on a lower level.
In my experience, this is a strong sign as well.
Entry would be:
23.39
Target 1: 21,05
Target 2: 20,05
SL: 24,68
R/R ratio: 1:2 for target 1
R/R ratio: 1:3 for target 2
The Stop loss is outside the 2 ATR channel, 1.5 ATR away from the current price.
Dagangan ditutup: sasaran tercapai
closed the trade, target reached.
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.