KLAYUSD Buy the pull back
KLAYUSD is consolidating after a strong February drop, in preparation for one last drop at the bottom of the Channel Up.
The same pattern is seen in mid November-December.
Trading Plan:
1. Buy if the price breaks under the short term Channel and near the bottom of the long term Channel Up or if it breaks above the short term Channel first.
Targets:
1. 0.41500 in both cases (top of the Channel Up).
Tips:
1. On the RSI (1d) we can see the resemblances between the two patterns more clearly. The closer the buy is to the 30.00 RSI oversold level, the better.
Please like, follow and comment!!
The same pattern is seen in mid November-December.
Trading Plan:
1. Buy if the price breaks under the short term Channel and near the bottom of the long term Channel Up or if it breaks above the short term Channel first.
Targets:
1. 0.41500 in both cases (top of the Channel Up).
Tips:
1. On the RSI (1d) we can see the resemblances between the two patterns more clearly. The closer the buy is to the 30.00 RSI oversold level, the better.
Please like, follow and comment!!
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.