1. Trend Analysis
Uptrend channel since 2011
2. Entry Analysis
Pitchfork, representing short entries at higher level and Long Entries at lower level
3. Indicator Analysis
Weekly 100SMA have proved to be an health indicator for overall direction (bearish)
MACD (Bearish)
Stoch (Bearish)
4. Candlestick Analysis
Engulfing Bearish candlestick (bearish)
Expecting a three black(red) crows in upcoming weeks
5. Major Support and Resistance
S1: 34.7-34.8
S2:28.8-29.0
S3: 21.85-22
R1: 45
R2 50-50.2
Trading Plan
1. Trade with trend
Look out for reversal candlestick pattern on daily candle @ S1( 34.7-34.8) for entry
SL:Weekly close below 32.8
TP(1): 45
TP(2): 50
Please DYODD, my TA is using pitchfork, Short when it got into the higher bands and long when it got into the lower band. Currently its at the middle range which is not attractive for either side (you could look at the volume to see if i'm right).
Will trade with the flow and long when it got into lower band .
Uptrend channel since 2011
2. Entry Analysis
Pitchfork, representing short entries at higher level and Long Entries at lower level
3. Indicator Analysis
Weekly 100SMA have proved to be an health indicator for overall direction (bearish)
MACD (Bearish)
Stoch (Bearish)
4. Candlestick Analysis
Engulfing Bearish candlestick (bearish)
Expecting a three black(red) crows in upcoming weeks
5. Major Support and Resistance
S1: 34.7-34.8
S2:28.8-29.0
S3: 21.85-22
R1: 45
R2 50-50.2
Trading Plan
1. Trade with trend
Look out for reversal candlestick pattern on daily candle @ S1( 34.7-34.8) for entry
SL:Weekly close below 32.8
TP(1): 45
TP(2): 50
Please DYODD, my TA is using pitchfork, Short when it got into the higher bands and long when it got into the lower band. Currently its at the middle range which is not attractive for either side (you could look at the volume to see if i'm right).
Will trade with the flow and long when it got into lower band .
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
