Following is just my thought process. This is in no ways a recommendation. I just want to share and learn!
Kindly Trade at your own risk
Following Reasons for bullish view
1.) Price taking support at Weekly Trendline
2.) Price taking support at weekly HORIZONTAL support zones (Support zone can be found on zooming out the chart to Feb & Nov 16 time frame)
3.) Reducing Bearish momentum noticed by reducing range of the RED candles eventually ending in a long legged doji, possibly indicating exhaustion of sellers
Stop loss = 52.5
Target 1 = At-least 66
Would like to ride the trend by trailing stoploss
Kindly Trade at your own risk
Following Reasons for bullish view
1.) Price taking support at Weekly Trendline
2.) Price taking support at weekly HORIZONTAL support zones (Support zone can be found on zooming out the chart to Feb & Nov 16 time frame)
3.) Reducing Bearish momentum noticed by reducing range of the RED candles eventually ending in a long legged doji, possibly indicating exhaustion of sellers
Stop loss = 52.5
Target 1 = At-least 66
Would like to ride the trend by trailing stoploss
註釋
Stop Loss hit
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。