Take a look at EMA55 & EMA200 crossover, Fib retracement levels, RSI oversold (1st time since March 29th), MACD divergence channel/trend, ascending triangle formation, etc...
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Trade closed: target reached
Price is currently oscillating within targeted "BUY-ZONE". I think both bottom and top of "BUY-ZONE" should be tested twice before pulling the tigger.Note
Resistance is being tested. If that breakout is confirmed next stop will be Target Zone #1. If not, we will see a retracement to around the 50% fib level & the price marked as support in magenta as seen previously on April 20th and May 4th. Feeling good about this one.
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.
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.