Trendoscope

DOGE - Hourly vs Daily

Trendoscope Wizard 업데이트됨   
KUCOIN:DOGEUSDT   Dogecoin / Tether
Daily Chart - Bullish Sentiment
  • Broken resistance
  • Broken declining pivot high trendline
  •  Bullish Gartley pattern setup - but already have run up to target 1


Hourly Chart - Mildly bearish sentiment
  • Seems to be rejecting under horizontal resistance
  • High volume on previous extreme candle - may signify temporary exhaustion
  • Bearish Harmonic Patterns in play
  • Support ahead from both trend lines and horizontal support level.


Trading plan
Short position followed by long position as shown in the chart below.


You can skip short position and just place a limit order for retest.

Plan B - if short position hits stoploss

코멘트:
Plan A failed. Switch to plan B, long position with stoploss set to 0.1685. Will revise as and when it makes new higher lows.
거래청산: 스탑 닿음
코멘트:
Looking back, it was was really good plan. Only mistake was setting stoploss too tight - specially for short trade.

Will refine this further :)

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.