Hello all
Setup:
Two examples of divergence > a bullish spike is overdue
Weekly low
Monthly low
Double bottom
Bouncing off support
Bullish bias
What more needs to be said? > I don't actually know because I'm a beginner but this appears to be a simple trade, maybe too simple so be careful of stop hunts and fakeouts. Any advice is appreciated.
Good luck
Vince / Vmoney
Setup:
Two examples of divergence > a bullish spike is overdue
Weekly low
Monthly low
Double bottom
Bouncing off support
Bullish bias
What more needs to be said? > I don't actually know because I'm a beginner but this appears to be a simple trade, maybe too simple so be careful of stop hunts and fakeouts. Any advice is appreciated.
Good luck
Vince / Vmoney
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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.