Also breaking out of diagonal at equal length in structure. Strong downtrend, very oversold. Just produced a small buy setup on 1 hr but still no TRUE confirmation. Daily bollinger bands curling up hard. Might look for possibly larger corrective structure possibly turning this diagonal into a pitchfork, or look to test the low of first wick in diagonal...
Note
In summary, a buy. Can produce HUGE pips potentially, but you want me to give you stop loss and take profits, u need to just watch the videos overtime to understand the strategy behind the analysis. These ain't no busch league trades, and I ain't gonna keep posting foreverNote
I closed this as I am in EG and Echf sells
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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.