Long
TBCC indicates good buying position
TBCC after troubled period around week ago, finally gives us a good opportunity to buy. On the chart you can see a good position to enter. I've based my assumptions on RSI hitting low point, appearance of the small dip after zone of balance in order to collect possible liquidity as well as Eliott Waves pattern. This data can produce next buy setup:
Buy price: 0.120 - 0.124
TP1: 0.138
TP2: 0.150
SL: 0.113
Buy price: 0.120 - 0.124
TP1: 0.138
TP2: 0.150
SL: 0.113
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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.