DYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
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Get my exclusive high winrate strategy
whop.com/trading-wizard-automated/
The Trading Wizard
whop.com/trading-wizard-automated/
The Trading Wizard
Related publications
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.