Pattern: Emerging Channel Up on 4H, so far the January-February price action resembles that of September-October 2020. Both legs within a larger/ longer term Channel Up (see chart at the end).
Signal: Buy on the 4H MA50 if the price gets rejected on the 4H MA200.
Target: 1.21700 (just below the 1st Resistance).
The bigger picture:
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Signal: Buy on the 4H MA50 if the price gets rejected on the 4H MA200.
Target: 1.21700 (just below the 1st Resistance).
The bigger picture:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.