- Price broke briefly below EMA (25, close) and returned above, the following candlestick
- Price neither overbought nor oversold
- Price neither overbought nor oversold
Note
4-hr chart- Price neither overbought nor oversold
- Broke above EMA (25, close)
- Wait for retest at EMA (25, close) and bullish candlestick to indicate LONG
Note
1-hr chart- Price overbought on Stochastic Oscillator and almost overbought on RSI
Note
Since price is not consolidating EMA STRATEGY would be useful this week, unless price action changes
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.
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.