Price is now finding resistance on the 4H at the 200MA, and on the 30min at the 50MA.
On the 4H, the SMA has flattened, and the MLR is starting to flatten too—after price found support at the 0.5 Fib and weekly 200MA.
Buying volume is starting to pick up on both timeframes.
For stop-loss, I’m using push notifications instead of an open order.
Always take profits and manage risk.
Interaction is welcome.
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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.