DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
DAILY:
Price has reached a strong support area. There might be a possible double bottom, and there is MACD divergence. Over extended 50EMA. We might be looking for a reversal.
4HR:
There was a lower test candle printed. Price still below the 50EMA
I would have to wait for a cross of the 1hr 50EMA before taking a long position.
DAILY:
Price has reached a strong support area. There might be a possible double bottom, and there is MACD divergence. Over extended 50EMA. We might be looking for a reversal.
4HR:
There was a lower test candle printed. Price still below the 50EMA
I would have to wait for a cross of the 1hr 50EMA before taking a long position.
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.