BAsed on the last two dips the descending resistance trend line played a key role
Using those as a reference we can see that resistance is now broken and an important level of 193.65 is about to be broken .
Slow upward movement also giving good bullish signals since the bottom of 175
Entries can now be made with a strict stop loss of 173
Remember we are still below the 200 SMA/EMA so technically we are still in a bear trend overall.
Entry : 195
Stop loss : 173
TP1 : 220
230 is where the strong channel resistance will come in to play
if we break past 240 , that means we are going 300 then :)
Using those as a reference we can see that resistance is now broken and an important level of 193.65 is about to be broken .
Slow upward movement also giving good bullish signals since the bottom of 175
Entries can now be made with a strict stop loss of 173
Remember we are still below the 200 SMA/EMA so technically we are still in a bear trend overall.
Entry : 195
Stop loss : 173
TP1 : 220
230 is where the strong channel resistance will come in to play
if we break past 240 , that means we are going 300 then :)
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.