This In my own opinion is a strong looking trade setup.
Currently we have a Daily/12/6/4/1 Hour all Bullish Setup. Only smaller TF's are showing LL's
Consolidation phase seems to be forming its last leg according to Elliot's Wave Theory telling me we are going to be looking to breakout of this Trend.
Previously I predicated price to have another run down to the final Demand zone (I will link my post to that Idea)
Indicators confluences - Currently MacD on the daily is showing us we are slowing down with sellers momentum although PA is still bullish giving me more suggested signs we will be having a decent Bullish Run.
PM me for more details in this trade setup
Good luck to all the traders that follow and make sure to use risk management
Currently we have a Daily/12/6/4/1 Hour all Bullish Setup. Only smaller TF's are showing LL's
Consolidation phase seems to be forming its last leg according to Elliot's Wave Theory telling me we are going to be looking to breakout of this Trend.
Previously I predicated price to have another run down to the final Demand zone (I will link my post to that Idea)
Indicators confluences - Currently MacD on the daily is showing us we are slowing down with sellers momentum although PA is still bullish giving me more suggested signs we will be having a decent Bullish Run.
PM me for more details in this trade setup
Good luck to all the traders that follow and make sure to use risk management
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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.