Trend channel started in Nov 2018 and have been holding the channel for over 1 year
Will it keep going?
Still a up trend
holding the channel
50 ma holding more then nicely
support/resistens at 1453 ish
just hit the low of the channel
my signals say buy, so here is my idea.
Open trade at :1475
Set my TP at :1715
Set my SL at :1445 (if there should come a down spike at the resistens at the last caddelstick)
( this is just my point of view and should not be taken as a buy or sell indicator for you - remember always to do your own analyse )
Will it keep going?
Still a up trend
holding the channel
50 ma holding more then nicely
support/resistens at 1453 ish
just hit the low of the channel
my signals say buy, so here is my idea.
Open trade at :1475
Set my TP at :1715
Set my SL at :1445 (if there should come a down spike at the resistens at the last caddelstick)
( this is just my point of view and should not be taken as a buy or sell indicator for you - remember always to do your own analyse )
Trade closed: stop reached
hit my SL .. will wait and see what happens next week , as of now im outDisclaimer
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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.