On HIMS as you can see in the graph, we are faced with two situations.
It is at the opening of the market that we would know if we would have a continuation of the upward trend or if we would have a reversal of the trend.
So we would have:
1- a continuation of the upward trend when the resistance line will be broken forcefully by a large green candle and followed by a large green volume, you can at this time enter a buying position as soon as the second green candle appears accompanied by a green volume;
2- A reversal of the trend (bearish trend) when the support line will be broken forcefully by a large red candle and followed by a large red volume. Therefore you can enter a sell position as soon as the second red candle appears.
Furthermore, you must wait until all the analysis conditions are met before taking a position on the market.
It is at the opening of the market that we would know if we would have a continuation of the upward trend or if we would have a reversal of the trend.
So we would have:
1- a continuation of the upward trend when the resistance line will be broken forcefully by a large green candle and followed by a large green volume, you can at this time enter a buying position as soon as the second green candle appears accompanied by a green volume;
2- A reversal of the trend (bearish trend) when the support line will be broken forcefully by a large red candle and followed by a large red volume. Therefore you can enter a sell position as soon as the second red candle appears.
Furthermore, you must wait until all the analysis conditions are met before taking a position on the market.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.