A nice backtest 1071, but not breakdown. Holding well.
And quick rebounce and somewhat breakup the downtrend line (Red)
Tomorrow will be Friday(Black Friday?), and let's check if holiday dumper cointinue to dump?
4 hour average line 8, 20, and 50 EMA and SMA show a good looking bullish trend.
If it could backtest EMA 20(4hour) line again and if it could holding well, then that would be preferable.
And quick rebounce and somewhat breakup the downtrend line (Red)
Tomorrow will be Friday(Black Friday?), and let's check if holiday dumper cointinue to dump?
4 hour average line 8, 20, and 50 EMA and SMA show a good looking bullish trend.
If it could backtest EMA 20(4hour) line again and if it could holding well, then that would be preferable.
Note
Bullish Flag Pattern
Resistance: 12, 13 day EMA
Support: 3, 4 days EMA
Note
50% long position profit taking.
Note
Target Reached, trade closed.
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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.