3 Simple steps to follow if you want to buy this ETF.
Let the price action breaks out of 23.58 price level acting as resistance.
Next, see if the bullish signals is sustainable , watching the candles closely
If the above criteria meets, buy , put your SL at 19.95. This is assuming you are not trading but wanting to hold for the mid to long term or at least till the trend reverse.
Let the price action breaks out of 23.58 price level acting as resistance.
Next, see if the bullish signals is sustainable , watching the candles closely
If the above criteria meets, buy , put your SL at 19.95. This is assuming you are not trading but wanting to hold for the mid to long term or at least till the trend reverse.
Note
2nd gap is now filled so we can expect some pull back coming up. Those who bought this ETF can take some partial profits......We need to see the next level of resistance at 34 to be cleared before considering adding more.Note
Praise the Lord
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.
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.