PRA Long on Descending Channel Divergence [Entry Attempt #2]
Pros:
- MACD and FI divergence
- Spinning top/doji + big green candle, followed by a hammer with a really long tail. (Bear lost their strength on the big push down)
Cons:
- Profit target may be quite limited as the range will only allow for about 1.5-2R until a breakout occur
- Not clear uptrend on daily and downtrend on weekly
Overall Trade Grade: TBD
- MACD and FI divergence
- Spinning top/doji + big green candle, followed by a hammer with a really long tail. (Bear lost their strength on the big push down)
Cons:
- Profit target may be quite limited as the range will only allow for about 1.5-2R until a breakout occur
- Not clear uptrend on daily and downtrend on weekly
Overall Trade Grade: TBD
Order cancelled
Order not filled, trading canceled
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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.