** Trading opportunity **
On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months.
3) Support and resistance, price is on strong historical support, look left.
Is it possible price action continues to correct? Yes.
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Act now
Return: 50x
On the above 8-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence. Seven Oscillators print positive divergence with price action over the last 3 to 4 months.
3) Support and resistance, price is on strong historical support, look left.
Is it possible price action continues to correct? Yes.
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Act now
Return: 50x
Trade attivo
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Ordine annullato
Should the $1 support fail it is straight to 30 cents for the next. Would wait for confirmation of support on the dollar area for a week before adding to existing longs.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.