Summary of the previous description:
as we said in the previous analysis, the price is moving in a nice weekly channel (red lines). she is trapped in a triangle channel too (yellow lines), which seems its mission is leading the price to the top of the red weekly channel. H4 confirmation.
UPDATE: everything is the same as before, but now we can add another line (green line) that is too strong and as we can see, it was a strict resistance which can be turned into a support line after being broken by the chart and it is the first time being touched as a support line. the most important point is that now, we have A WONDERFUL INTERSECTION between the two important yellow and green lines, both as strong support.
This is one of the perfect situations I have always been looking for.
we have a good risk to reward ratio as well.
wait for confirmation on H4 tf for long entry.
good lock and always remember there is no 100% in the market.
as we said in the previous analysis, the price is moving in a nice weekly channel (red lines). she is trapped in a triangle channel too (yellow lines), which seems its mission is leading the price to the top of the red weekly channel. H4 confirmation.
UPDATE: everything is the same as before, but now we can add another line (green line) that is too strong and as we can see, it was a strict resistance which can be turned into a support line after being broken by the chart and it is the first time being touched as a support line. the most important point is that now, we have A WONDERFUL INTERSECTION between the two important yellow and green lines, both as strong support.
This is one of the perfect situations I have always been looking for.
we have a good risk to reward ratio as well.
wait for confirmation on H4 tf for long entry.
good lock and always remember there is no 100% in the market.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。