Market shows good support in drawn area and moves within down trend wedge and is near trend resistance line.
My setup is valid if candle break above trend line and close above.
RSI indicates first up trend signals and MACD showing an soon up correction.
My setup is valid if candle break above trend line and close above.
RSI indicates first up trend signals and MACD showing an soon up correction.
Trade active
Trade closed: stop reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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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.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Related publications
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.