Hi everyone,
Price bounced off 120 EMA.
Hidden Bullish Divergence on RSI
Stoch RSI @ Level 14
Potential Entry is at the green dashed extended line as price gets supported and bounces off.
Support Lines are:
1. Green Dashed Extended Line
2. Bottom Line Of The Ascending Parallel Channel
3. Solid White Extended Line
If price dips below all support lines, expect a downward trend.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Price bounced off 120 EMA.
Hidden Bullish Divergence on RSI
Stoch RSI @ Level 14
Potential Entry is at the green dashed extended line as price gets supported and bounces off.
Support Lines are:
1. Green Dashed Extended Line
2. Bottom Line Of The Ascending Parallel Channel
3. Solid White Extended Line
If price dips below all support lines, expect a downward trend.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)