Long PG - Strong Support, Divergence & Missed Monthly Pivot
PG has met a very heavy support and resistance zone:
We can also observe the printing of triple bullish Knoxville divergence (RSI oversold, significant momentum divergence) and a bullish broken trendline, indicating an upcoming move upward. A conservative entry can be placed above recent highs for further confirmation. Three targets may be set as follows:
T1: August pivot
T2: Recent highs, around 82.30
T3: Missed monthly pivot for February 2015
Stop loss may be placed below the S/R zone as shown on chart.
We can also observe the printing of triple bullish Knoxville divergence (RSI oversold, significant momentum divergence) and a bullish broken trendline, indicating an upcoming move upward. A conservative entry can be placed above recent highs for further confirmation. Three targets may be set as follows:
T1: August pivot
T2: Recent highs, around 82.30
T3: Missed monthly pivot for February 2015
Stop loss may be placed below the S/R zone as shown on chart.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.