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Bank Of America Buy Idea
Bank of America
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Bank Of America Buy Idea
Oleh VladimirRibakov
Ikuti
Ikuti
12 Sep 2017
3
12 Sep 2017
D1 - Price moving inside range, bullish divergence is forming.
H4 - If we get this H4 cycle inside the D1 range we can look for buys in the short term, as long as the bottom of the range is holding.
There is already divergence and price reacted from the 61.8% fibo retracement
D1 - Bearish Scenario
In case the range is broken down we can expect the price to move lower towards the 18-19 zone
If we get a confirmed breakout we can look for sells towards the next level.
BAC
breakout
buy
Divergence
range
Trend Analysis
VladimirRibakov
Ikuti
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