MONTHLY TIMEFRAME : PRice is on its way to psychological level of 0.80000 to reach resistance level and possibly form a triple top can also draw out a uptrend trendline
Weekly Timeframe : price shows a few resistance rejection points on the way up allowing me to draw a upward channel
Daily Timeframe : last week ended strong with a huge bullish engulfing candle and not only did price bounce off of the 50 moving average but the 50 moving average also acted as support which is always a good indicator
4hr Timeframe : shows a little retracement but also shows that price still wants to push to the upside giving the perfect entry i will enter on the 4 hr time frame with take profit set to 0.80000 and stop loss set to last known resistance on the daily timeframe
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.