WEEKLY CHART EVALUATION
1. Price below Alligator
2. Previous Bar - Bearish
3. AO Red Below Zero, Momentum Downtrend
DAILY CHART EVALUATION
1. Price below Alligator
2. Previous Bar - Bullish Divergent Bar
3. AO Red Below Zero, Momentum Downtrend
TRADING SETUP @ 4H TIME FRAME
1. Bullish Divergent Bar - Valid
2. AO Red, Below Zero - Valid
3. Angulation Between PRICE and ALLIGATOR - Valid
5. Divergence between PRICE and AO - Yes
6. Risk / SL = 58pip
1. Price below Alligator
2. Previous Bar - Bearish
3. AO Red Below Zero, Momentum Downtrend
DAILY CHART EVALUATION
1. Price below Alligator
2. Previous Bar - Bullish Divergent Bar
3. AO Red Below Zero, Momentum Downtrend
TRADING SETUP @ 4H TIME FRAME
1. Bullish Divergent Bar - Valid
2. AO Red, Below Zero - Valid
3. Angulation Between PRICE and ALLIGATOR - Valid
5. Divergence between PRICE and AO - Yes
6. Risk / SL = 58pip
Trade closed manually
Close with profit since the momentum si not impusive enough
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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.
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.