PENTA H1 Looks Weak but there's Opportunity

2020년 5월 28일

Penta is hovering around 4.5 Support area.
Daily chart still BULLISH and UPTREND. = Good
No Fast Turtle Sell = Good
FiFT still +ve = Good
Higher Timeframe still healthy.

However, ATOM sell and FiFT turned -ve on H1 chart (Sign of weaknesses)
PENTA still healthy as long as price staying above 4.5

Setup opportunity.
1) Option 1 Monitor hourly Chart.
Set alert notification on FiFT with condition SlowAvg crossing above 0 (FiFT turned +ve)
Set alert notification on ATOM Crossing 1.000 (ATOM Buy)
Once getting greenlight from FiFT and ATOM, wait for FAST TURTLE BUY breakout. SL below 4.40 (Short term Trade)

2) Option 2. Fast Turtle Buy based on Daily chart with condition FiFT is higher than previous bar. SL below 4.40 (Short Term trade)

2020년 5월 29일

노트

Gap up.. Missed an opportunity.
4.70 seems to be good low timeframe support.