On Daily TF, since 16 Aug 2024 this SCRIPT is in Bear Run making Lower Highs (LH) and Lower Lows (LL). To get out of this Bear Run, price must cross previous LH i.e. 7.70; additionally, it must break the parallel channel upper resistance line.
Bollinger Band also suggests that price is already close to its upper-band, which is likely to drop down to its central line soon.
Therefore, there are two options to trade here:-
Option 1: Considering it will continue its Bear Run, technically correct Buy entry should be around 6.97 ~6.68 and Selling at 8.28 will fetch very good profits.
Option 2: Otherwise, considering that it will break the resistance and will go up in Bull Run, then buying at 7.75 and selling at 8.28 will fetch the positive results.
Bollinger Band also suggests that price is already close to its upper-band, which is likely to drop down to its central line soon.
Therefore, there are two options to trade here:-
Option 1: Considering it will continue its Bear Run, technically correct Buy entry should be around 6.97 ~6.68 and Selling at 8.28 will fetch very good profits.
Option 2: Otherwise, considering that it will break the resistance and will go up in Bull Run, then buying at 7.75 and selling at 8.28 will fetch the positive results.
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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。