BUY: 1.12 – 1.18 (Wait for price to reclaim the EMAs before entering)
TARGETS:
1) 1.44
2) 1.77
STOP: When a 4h candle closes below 0.98
Rationale:
-The 100 and 200 EMA have acted as strong support for the duration of the uptrend.
-More recently, the price has been conforming to an ascending channel.
-The RSI has also been moving in a channel and is at a key support/resistance level.
-If the RSI can break and hold above the channel it should also hold above the 200EMA. This is our signal to enter a long position.
-The confluence with the 200EMA and RSI gives us confidence in taking a long position once the EMA is reclaimed as support.
Your risk, your reward. This is not financial advice.
Happy trading.
TARGETS:
1) 1.44
2) 1.77
STOP: When a 4h candle closes below 0.98
Rationale:
-The 100 and 200 EMA have acted as strong support for the duration of the uptrend.
-More recently, the price has been conforming to an ascending channel.
-The RSI has also been moving in a channel and is at a key support/resistance level.
-If the RSI can break and hold above the channel it should also hold above the 200EMA. This is our signal to enter a long position.
-The confluence with the 200EMA and RSI gives us confidence in taking a long position once the EMA is reclaimed as support.
Your risk, your reward. This is not financial advice.
Happy trading.
Trade aktif
Target 1 hit
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.