Trend
--------------
Daily Trend: Consolidation
4H Trend: Up
Signal
---------------------------
Flag Pattern
Target Prices
--------------------------
Entry - 1.30170
SL - 1.29377
1st Target: 1.30963
2nd Target: 1.31360
Strategy:
--------------------------
Trend continuation as price broke out of the parallel channel shown on the chart.
Description:
--------------------------
We have been seeing previous down trend coming to stop at least for the time being.
If we look into 4H, the price is making higher lows & highs, forming short-term up trend.
Since price has broken out of it's trend resistance, we now have a solid reasoning behind taking long position.
Price should continue to move up per Dow's theory.
--------------
Daily Trend: Consolidation
4H Trend: Up
Signal
---------------------------
Flag Pattern
Target Prices
--------------------------
Entry - 1.30170
SL - 1.29377
1st Target: 1.30963
2nd Target: 1.31360
Strategy:
--------------------------
Trend continuation as price broke out of the parallel channel shown on the chart.
Description:
--------------------------
We have been seeing previous down trend coming to stop at least for the time being.
If we look into 4H, the price is making higher lows & highs, forming short-term up trend.
Since price has broken out of it's trend resistance, we now have a solid reasoning behind taking long position.
Price should continue to move up per Dow's theory.
Feragatname
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.
Feragatname
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.