Long opportunity
1) Rectangle pattern present with price respecting the boundaries.
2) price recently broke out and has since retested and rejected the upper boundary
3) Macd has crossed the zero line, very bullish signal.. Algo traders and automation will be buying long
1 ATR stop loss X 1.5 Take profit
2) price recently broke out and has since retested and rejected the upper boundary
3) Macd has crossed the zero line, very bullish signal.. Algo traders and automation will be buying long
1 ATR stop loss X 1.5 Take profit
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.