The next candle that comes immidiately after the current bullish candle proves that we will have a break through to 1946 and possibly to 1956, but kindly note the waving has been under consolidation for atleast the whole of yestarday until when we had the break through on the downside to 1911, there could be a retest yet to be confirmed,for those whose equity is higher than 1500 this is a good buy position.. Meanwhile let's see what today's market has for us, up until then Good Trading Day!
Trade active
We have already broken through our box now we are waiting for a confirmation from the bollinger band, the candles being formed now is bearish but we have to connfirm wether we are headed up or maybe falling down, this can be confirmed once a candle is formed on the upper bollinger band, so far we have 1 confirmed up movement awaiting the second signal and then executiuon starts.Trade active
A strong up trend is expected, the lower bollinger band has given us the buy option, the box as well gave us a get set option, third we can see bulls having more power than sellers, fourth the upper bollinger band which is the last confirmation signal for a bullish uptrend, a good buying position for those with high equity, because with the waving on consolidation,it gave us a hard time, meanwhile let's see what comes next and make them blues
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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.