Watching BNS for buy confirmation
Waiting is the hardest part. You need patience for most of the best trades. I've been watching this setup for the Bank of Nova Scotia as solid technical elements are lining up.
1D Heiken ashi chart reversal in play
● Doji formed at the bottom of the last downswing
● Positive momentum of both RSI and MACD indicators
● Strong bounce off 200 EMA(Black) and 0.618 Golden ratio Fibonacci level (Dashed yellow)
But, i'm waiting for confirmation to open a large swing trade
● Waiting for the 20 EMA (Green) to turn postitive
Waiting is the hardest part. You need patience for most of the best trades. I've been watching this setup for the Bank of Nova Scotia as solid technical elements are lining up.
1D Heiken ashi chart reversal in play
● Doji formed at the bottom of the last downswing
● Positive momentum of both RSI and MACD indicators
● Strong bounce off 200 EMA(Black) and 0.618 Golden ratio Fibonacci level (Dashed yellow)
But, i'm waiting for confirmation to open a large swing trade
● Waiting for the 20 EMA (Green) to turn postitive