In this 4 hour chart you can see that there has been a TK crossover and that the lagging line is starting to head towards the bullish side of the candles.. Now all we have to do is wait for the price to break the cloud indicating for us to be safe to buy. Until then we must sit and wait.. But all signs are looking better than worse for a bullish trend in my opinion.. What do you guys think?
Trade closed: target reached
We almost are there.. As soon as that candle breaks out of the cloud that indicates that it is a safe time to buy (relatively speaking).. Buys should be open around 3920 give or take and a stop loss should be placed at the 3800 mark.. Be careful though and make sure to check the lagging line though!
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