Will only begin interest once price can break out of the channel into 38%. From there I'll be looking for a slight pull back to 50% where I may possibly enter, depending on the price action.
At 50% I will be looking for wicks, and reversal candles, specifically engulfing.
There is also a possibility that price completely blows through 38%. If I'm not early, or get my preferred entry I wont chase it.
Previous analysis linked.
At 50% I will be looking for wicks, and reversal candles, specifically engulfing.
There is also a possibility that price completely blows through 38%. If I'm not early, or get my preferred entry I wont chase it.
Previous analysis linked.
Note
Rode the train up a bit, exited a few ticks down. Will now be waiting for a retracement to put in my long entry.Note
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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.