3M = Inside Bar - lower volatility closes bearish but still above major support lines. -> Bullish?
1M: Inside Bar in a Triangular Formation - we are in a Neutral Market right now. -> looking to go long from the lower end and short from the upper end of the triangle.
3D: There seems to be a bullish Setup in place on the monthly and the 3D Signal could be fired soon -> trendline must be broken, I prefer to see a retest of it before considering a long position as we might see another wash out. I will use a trading system to enter.
Thanks for reading…
코멘트
this would be a good place to take profits - wait for a break above and retest of this area to consider long positions or just close 75 % of the trade.