As much as there is a lot going on in the market we still look at market structure,
If you look at at the chart from a larger point of view we see that price is retesting the trend line.https://www.tradingview.com/x/34aE95pR/
Confluences:
- price broke out its rising structure when it broke the red trend line.
-we now wait for price to break the descending trend line before we look to sell.
-on the 15min chart we will wait for price to go under the 40Moving average.
-The RSI indicator also broke out from the high and we see price possibly making its way down.https://www.tradingview.com/x/HK3IiEjb/
our stop loss is 0.64% away and profit is roughly at 2.28%
If you look at at the chart from a larger point of view we see that price is retesting the trend line.https://www.tradingview.com/x/34aE95pR/
Confluences:
- price broke out its rising structure when it broke the red trend line.
-we now wait for price to break the descending trend line before we look to sell.
-on the 15min chart we will wait for price to go under the 40Moving average.
-The RSI indicator also broke out from the high and we see price possibly making its way down.https://www.tradingview.com/x/HK3IiEjb/
our stop loss is 0.64% away and profit is roughly at 2.28%
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.