What it dew Yall! Happy New Year! Its Up and Stuck lol. I'm so excited for Life, this will be a wonderful trading year! Let's Kick off the 1st TA for 
AVGO on the 1 HR time frame.
(8/14/21 EMA's are used)
-Price has rejected at the 0 level once; however, the anchor is the 0 so it’s kinda like a rejection twice.
-The EMA were stacked for a down bias however they are now flipping indicator buying pressure picking up.
-If price can close above the 0.618 zone before the EOD that’ll look better: buyers gaining control
S/L is at the 0. I look for candles to close below this area not just wick through them. I study these types of entries so I'm always taking a small risk and entering around the .0382 zone (for calls). The R:R is a chef kiss.
This is not financial advice, educational purposes only.
Happy Trading Alerts Set!
AVGO on the 1 HR time frame.(8/14/21 EMA's are used)
-Price has rejected at the 0 level once; however, the anchor is the 0 so it’s kinda like a rejection twice.
-The EMA were stacked for a down bias however they are now flipping indicator buying pressure picking up.
-If price can close above the 0.618 zone before the EOD that’ll look better: buyers gaining control
S/L is at the 0. I look for candles to close below this area not just wick through them. I study these types of entries so I'm always taking a small risk and entering around the .0382 zone (for calls). The R:R is a chef kiss.
This is not financial advice, educational purposes only.
Happy Trading Alerts Set!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.