LDOUSD About to break the MA50 (1d). Get ready to buy!
LDOUSD is testing the MA50 (1d) as we speak. This Resistance level hasn't been broken since July 25th (2 months).
Despite trading inside a Channel Down, every MA50 (1d) bullish cross has completed uptrends of at least + 39.12%.
Trading Plan:
1. Buy on the slightest crossing over the MA50 (1d).
Targets:
1. 1.9350 (almost +39.12% aimed at the MA200 (1d)).
Tips:
1. The RSI (1d) is on a Rising Support while the price traded on a Falling Support, flashing a big bullish divergence. This can be the signal that breaks the Channel Down to the upside.
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Despite trading inside a Channel Down, every MA50 (1d) bullish cross has completed uptrends of at least + 39.12%.
Trading Plan:
1. Buy on the slightest crossing over the MA50 (1d).
Targets:
1. 1.9350 (almost +39.12% aimed at the MA200 (1d)).
Tips:
1. The RSI (1d) is on a Rising Support while the price traded on a Falling Support, flashing a big bullish divergence. This can be the signal that breaks the Channel Down to the upside.
Please like, follow and comment!!
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