Ok, this is my first post so, I hope I'm right on this hahaha
here are the reasons as you can see on the chart:
1) Shark Bullish Pattern
2) Double Bottoms
3) CCI Divergence
4) It's really oversold
5)i It hit the tip of the last of Arnaud Legoux bands
ps: because it 's on a downtrend, it's a risky one!
indicators: Shark pattern, RSI, Woodie's CCI and Arnaud Legoux Moving Average Bands MTF V3
here are the reasons as you can see on the chart:
1) Shark Bullish Pattern
2) Double Bottoms
3) CCI Divergence
4) It's really oversold
5)i It hit the tip of the last of Arnaud Legoux bands
ps: because it 's on a downtrend, it's a risky one!
indicators: Shark pattern, RSI, Woodie's CCI and Arnaud Legoux Moving Average Bands MTF V3
Note
TP1: 155.85 TP2: 157.30
Trade closed: stop reached
Well, I tried! hahahaI hope I get the next one right! :D
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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.