~~~ a continuation from the previous post, link below ~~~
Another one I have had my eyes on but with all the things that were happening, I missed the bottom but how many trades can you take? Having said that, I missed out because I had others on the go and in some cases better trade setup.
Having said that, today's list is shorter and this one stands out for going long.
Observations: ================================================================ > On the daily, indicators are bullish (eg MACD where the macd line and signal are wide). > The macro structure is a of Descending (top declining, bottom flat or bottom rising and with a breakout (reversal structure) > 12 HRLY looks good with the indicators and candle sticks > 30 minutes we had 2 touches to retest the resistance line (chart below) which was the inverted barr target
How to trade this? > wait for consolation below the current resistance line and look for a bullish candle on the 4 hrly or 8 hrly > refer to my 30 min chart with the 21/34 ema
30 min. chart > we had 2 touches to retest on the resistance line
Please give me a like or tick for this post.
Regards, S.Sari
8 HLRY chart with clearer overview
DAILY chart > macd and WT indicators crossed over for bullish turn
4 HRLY chart, looking for another retouch and hence place your orders there
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ノート
I made a slight oversight. I havn't seen the sloping trend retested and hence its likely this slope will be retested before the next leg up. Again, using the 8 hrly for a bullish candle at this point.
ノート
Still looking positive
ノート
slow progress but its doing fine
トレード稼働中
It looks like a strong resistance on the weekly candle stick area. I have flipped some days ago to BTC and when this level is broken, I will jump back in.
トレード終了: 利益確定目標に到達
Updated my chart, not much change and the level as to why its stuck, its not that obvious.