IDENTIFY: Price is in the buyer's territory and potential break of the descending channel.
PLAN: So looking at going long, because of the daily bias of the descending channel. (ABCD Bullish)
TRADE: Place Buy Limit order, anticipating a continuation to the upside after a minor pullback.
NB: Use risk management to determine the Stop Loss and Take Profit
PLAN: So looking at going long, because of the daily bias of the descending channel. (ABCD Bullish)
TRADE: Place Buy Limit order, anticipating a continuation to the upside after a minor pullback.
NB: Use risk management to determine the Stop Loss and Take Profit
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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.