TA:
- Huge cloud with a very horizontal top edge
- We see a triangle that could break any day now
- RSI is following a bullish trendline and is trendline is above the 50 level
- Stoch RSI about to make a crossover and is oversold
- Volume is confirming triangle
Strategy:
Wait for price break out of triangle(up) make sure it is not a fake breakout so look for some conformation for example check for a volume spike.
When the triangle breaks up and is confirmed it is probably also a conformation for an edge to edge ichimoku cloud trade so the top edge is probably going to
act as a resistance.
Triangle can also break down so wait the conformation!
- Huge cloud with a very horizontal top edge
- We see a triangle that could break any day now
- RSI is following a bullish trendline and is trendline is above the 50 level
- Stoch RSI about to make a crossover and is oversold
- Volume is confirming triangle
Strategy:
Wait for price break out of triangle(up) make sure it is not a fake breakout so look for some conformation for example check for a volume spike.
When the triangle breaks up and is confirmed it is probably also a conformation for an edge to edge ichimoku cloud trade so the top edge is probably going to
act as a resistance.
Triangle can also break down so wait the conformation!
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.