Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
📈 After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
🏹 For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
📉 Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
🌹 Buy
ROSE, not a rose; it is cheaper and a longer-term investment.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
📈 After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
🏹 For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
📉 Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
🌹 Buy
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.