Panjang
Sky to the Sky
Looking for a pullback to green buy zone
Reasoning:
1. Bearish on smaller time frames
2. Long wicks forming
3. Rsi touching oversold
Reasons for bounce:
1. Ema's will act as support
2. .5 and .618 fib zone as support (not shown to reduce clutter)
More reasons for bearish indicate a pullback. Once price pulls back we re-analyze to confirm uptrend
Stop loss will be determined once pull back occurs or if it does.
Reasoning:
1. Bearish on smaller time frames
2. Long wicks forming
3. Rsi touching oversold
Reasons for bounce:
1. Ema's will act as support
2. .5 and .618 fib zone as support (not shown to reduce clutter)
More reasons for bearish indicate a pullback. Once price pulls back we re-analyze to confirm uptrend
Stop loss will be determined once pull back occurs or if it does.
Nota
Looking at a 30 min chart. Possibly the last attempt up before we break down to our buy zoneNota
Sky ended up breaking through the 200 ema. Was away from my computer so I didn't catch it. Let's see if we reach our sell target. (I am not in a position)Nota
Couldn't maintain. Let's hope it falls in our buy zone now, same resistance as beforeNota
Buy orders filled. Consider taking profit due to the current volatility
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.