DNEX Trading Idea
Updated
- watchout for resistance in redline (TP advised for fast play)
- Watchout trend support and resistance (TP advised at resistance)
- re-enter after in case of BO.
- Arrows showing the forecast movement.
- if the movement went downward after testing trend resistance,
wait until it rebound at trend support for re-entry
- Watchout trend support and resistance (TP advised at resistance)
- re-enter after in case of BO.
- Arrows showing the forecast movement.
- if the movement went downward after testing trend resistance,
wait until it rebound at trend support for re-entry
Note
- if STOCH fall below overbought, exit is advised as it could meant the trend is starting to go downward.- if DMI blue line cross orange line to go downward, exit is advised as it could ment the trend is starting to go downward.
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.