By zooming out and understanding the long term trend, you'll save yourself from market whipsaws.
The close of the weekly doji and a bullish candlestick formation would pique mu interest in stepping in on longs to the top of the channel and potentially higher if my bias plays out.
- Parallel channel shows the direction of the trend.
- Fibonacci retracement lines shows where the trades are taking place.
The close of the weekly doji and a bullish candlestick formation would pique mu interest in stepping in on longs to the top of the channel and potentially higher if my bias plays out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.