Moodeng seems to have bounced potentially giving us an idea of the bottom of a bull flag or descending trend. Waiting to see confirmation of bullish trend, i.e. form HLs.
also, if this flag holds true I will expect some reaction at the top of the flag.
Scribbled a couple of scenarios that I will be watching for.
also, if this flag holds true I will expect some reaction at the top of the flag.
Scribbled a couple of scenarios that I will be watching for.
Note
added my TP areas and how it's progressing. Trade active
Still going... holding my 25% till the top of the channel. Trade closed: target reached
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Telegram: t.me/theNinjasDojo
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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.