Link LONG set up with potential price targets (Ward method)
I would say that if the red RSI closes above 50 on this daily candle we are safe for entry.
It currently looks safe for entry but if the price dumps the red RSI can be "pushed" down back below the 50. If the red RSI closes below 50 we would be in danger of falling down when the white energy in the 12h time frame exhausts. That is why I say we must wait for the red RSI to close above 50 for a SAFER entry
It currently looks safe for entry but if the price dumps the red RSI can be "pushed" down back below the 50. If the red RSI closes below 50 we would be in danger of falling down when the white energy in the 12h time frame exhausts. That is why I say we must wait for the red RSI to close above 50 for a SAFER entry
評論:
Please like the idea and comment below any thoughts you may have. I would greatly appreciate it, thanks!
Be sure to follow for future updates! I will try my best to update these ideas as we get more information as candles close.