Price appears to bouncing off of the lower bound of fib speed fan. Demarker and RSI indicate oversold. Waiting on bullish smi cross / demarker cross for confirmation. Initial target 121.043ish.
Entry: 119.70
Stop: 119.48
Entry: 119.70
Stop: 119.48
Note
Smi finally crossing up through -40. Waiting on further confirmation for buy signalNote
Long in action. Great upside potential here. Activate moon boots.Trade closed manually
Closed at 119.85Unfortunately, there wasn't enough momentum to reach the initial target.
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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.