Timeframe used: 15m
Reasons to Long:
- Price has retested the 1033 level twice (Fibo retracement 0.236 and former resistance level that took multiple days to break through)
- Maintaining the laddering up structure
- Staying above the median line of the orange channel after breaking through 1033, indicating relatively strong price momentum
- Price has retested the lower channel of the purple channel
Forecast:
- Bounce back to 1055 (Fibo retracement 0.382)
- Retracement towards the median line of the orange channel
- Rise to 1065 (the intersection point of the upper channel of the orange channel and the median line of the purple channel)
Action: Full Long
14/03/2023 - Long Dang
Reasons to Long:
- Price has retested the 1033 level twice (Fibo retracement 0.236 and former resistance level that took multiple days to break through)
- Maintaining the laddering up structure
- Staying above the median line of the orange channel after breaking through 1033, indicating relatively strong price momentum
- Price has retested the lower channel of the purple channel
Forecast:
- Bounce back to 1055 (Fibo retracement 0.382)
- Retracement towards the median line of the orange channel
- Rise to 1065 (the intersection point of the upper channel of the orange channel and the median line of the purple channel)
Action: Full Long
14/03/2023 - Long Dang
Dagangan ditutup: sasaran tercapai
Reached 1065 earlier than expected -> Took profit
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.