Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on WEEKLY: Left Chart
ROKU is stuck inside a range around support and round number 50.0 so we will be looking for buy setups on lower timeframes.
on DAILY: Right Chart
🏹 For the bulls to take over, we need a momentum candle close above the last major high in gray around 75.0
Meanwhile, until the buy is activated, ROKU can still trade lower till the 50 support again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on WEEKLY: Left Chart
ROKU is stuck inside a range around support and round number 50.0 so we will be looking for buy setups on lower timeframes.
on DAILY: Right Chart
🏹 For the bulls to take over, we need a momentum candle close above the last major high in gray around 75.0
Meanwhile, until the buy is activated, ROKU can still trade lower till the 50 support again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal