Long
SALT channeling between strong Sup & Res - 7-10% trade
Hey guys,
This looks close to making a move in the next couple of hours.
- Broke out of overall down trend
- Tracking strongly between support and resistance in consolidation box
- Closed on 1hr with bull hammer
- Sitting outside current trend line atm on 4hr
- BB narrowing on 1hr, possibly ready for push
- MACD coming up close to crossing
- RSI 44
- Volume low
4hr:
1hr:
This looks close to making a move in the next couple of hours.
- Broke out of overall down trend
- Tracking strongly between support and resistance in consolidation box
- Closed on 1hr with bull hammer
- Sitting outside current trend line atm on 4hr
- BB narrowing on 1hr, possibly ready for push
- MACD coming up close to crossing
- RSI 44
- Volume low
4hr:
1hr:
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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.