The level 4900 is a place for making decision how we have to trade. Let's think about possible price movements. If the close price of this day is above 4900, we'll have price reversal from the support level with RSI confirmation. MACD histogram will support up movement. At the same time rising MAs with periods 20, 50 and 100 give a signal that up trend begins and we can open long trades. If you wait for rising ADX, you will get additional confirmation of such up movement. If price moves below 4900 and ADX stays below 20, we'll have range market conditions. Short trades will be reasonable.
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💎 Share My BEST Trades here 👉 bit.ly/wubits
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.