Good sign in the strength of the reversal (so far) today. Correction (so far) has played out within an acceptable range (long positions).
Risk Management: 1st Bell: EMA & SMA cross down (-) (TRIGGERED) 2nd Bell: cross below 200D SMA -1hr freq (Early Exit Longs)(False Bottom Watch) 3rd Bell: cross below pink line(s), signals retest of previous trend lows (False Bottom Warning)
Forecasting Tips: 1) look at the current price position and compared w/ 18 day trend line 2) look at the then 8 month trend line compared with current position and trend 3) evaluate micro & macro state of order book (bid/ask)
...you be the judge :) Happy Forecasting!
PS please feel free to add supportive / constructive comments for value added education and sharing.
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.