Hey guys,
i'm not trading until the new year but i want to give you some educational content.
On the left hand side we have a daily chart. As you may see recently we broke to the upside two big resistance levels and now we are coming back to retest this level.
The break and close above make me think the trend has changed and i think we may see another upmove.
As soon as price comes into that zone i'm looking for bullish opportunities: in the 4hr chart on the right hand side we see there's a double bottom with RSI divergence right at that level.
Usually i enter this kind of trade only with the confirmation given by an engulfing candle.
I pointed out the candle i'm watching. If it's going to close above the previous i think this may be a good buy.
If you have any questions, ask below.
Otherwise, see you in the next chart!
i'm not trading until the new year but i want to give you some educational content.
On the left hand side we have a daily chart. As you may see recently we broke to the upside two big resistance levels and now we are coming back to retest this level.
The break and close above make me think the trend has changed and i think we may see another upmove.
As soon as price comes into that zone i'm looking for bullish opportunities: in the 4hr chart on the right hand side we see there's a double bottom with RSI divergence right at that level.
Usually i enter this kind of trade only with the confirmation given by an engulfing candle.
I pointed out the candle i'm watching. If it's going to close above the previous i think this may be a good buy.
If you have any questions, ask below.
Otherwise, see you in the next chart!
Transakcja zamknięta: osiągnięto wyznaczony cel
Keeping the second position open
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.