Price broke through channel in higher timeframe (4h).
My bias was short, but now i guess based on technical factors that it may go long in to the 34149 area.
I'm waiting for price to come to the golden zone of the fib retracement (0.318 - 0.618). While price is doing that it will create a short term down-trend (retracement/pullback). After that I will draw a trend line and wait for the break.
Confluence:
1. Break of trendline
2. Oversold RSI
3. Broken Lower Bolling Band level
If all those conditions line up with tomorrow's fundamentals I'm taking a long position.
My bias was short, but now i guess based on technical factors that it may go long in to the 34149 area.
I'm waiting for price to come to the golden zone of the fib retracement (0.318 - 0.618). While price is doing that it will create a short term down-trend (retracement/pullback). After that I will draw a trend line and wait for the break.
Confluence:
1. Break of trendline
2. Oversold RSI
3. Broken Lower Bolling Band level
If all those conditions line up with tomorrow's fundamentals I'm taking a long position.
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.