Bullish Indicators
1- Bullish engulfing candle
2- Support @ 50% fib level
3- Bullish divergence on Chaikin oscillator
Bearish Indicators
1- Dow: making LL and LH
2- Trendline support broken
Biased: Long
Trade Plan A: Long
Entry current price (69) SL @ 65
TP1: previous trendline support 73
TP2: 79
Trade Plan B: Short
@68 SL @ 70
TP1: 64
1- Bullish engulfing candle
2- Support @ 50% fib level
3- Bullish divergence on Chaikin oscillator
Bearish Indicators
1- Dow: making LL and LH
2- Trendline support broken
Biased: Long
Trade Plan A: Long
Entry current price (69) SL @ 65
TP1: previous trendline support 73
TP2: 79
Trade Plan B: Short
@68 SL @ 70
TP1: 64
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.
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.