Price bouncing from 900 levels.
now trading above 50EMA on 30 min timeframe.
Unless it is holding marked trendline it will be in buying momentum.
No doubt its a premature entry however it is forming a pattern for a big swing trade.
Note: it has to trade above 50 EMA and take support at trendline.
This is just for an educational purpose.
now trading above 50EMA on 30 min timeframe.
Unless it is holding marked trendline it will be in buying momentum.
No doubt its a premature entry however it is forming a pattern for a big swing trade.
Note: it has to trade above 50 EMA and take support at trendline.
This is just for an educational purpose.
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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.
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.