Background:
Uptrend
RSI negative divergence into new high ground with volume expansion
entering key resistance zone (clearly seen on the daily)
Volume (increasing supply pressure) expansion as it nears resistance
fairly weak uptrend (lack of buyers on re-accumulation, increased selling at each test of new high ground)
looking for volume expansion (demand pressure increase) at support and key fib zones with the intent of riding the uptrend.
Maybe a counter-trend possible but need to keep risk in check. Double top with a high volume upthrust would be a good counter trend.
Practice*
Uptrend
RSI negative divergence into new high ground with volume expansion
entering key resistance zone (clearly seen on the daily)
Volume (increasing supply pressure) expansion as it nears resistance
fairly weak uptrend (lack of buyers on re-accumulation, increased selling at each test of new high ground)
looking for volume expansion (demand pressure increase) at support and key fib zones with the intent of riding the uptrend.
Maybe a counter-trend possible but need to keep risk in check. Double top with a high volume upthrust would be a good counter trend.
Practice*
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.