Largo
NLS Trade
Bought @ 5.39
SL (soft) 5.06
Long term Target 11.2. Possible lower target 10. Will be watching volume and for bearish signals there.
Weekly and Daily look primed for a bottom/bounce. Keep an eye on bearish divergences after bounce because monthly still looks bearish and a high value buying area exists below 3.5
Higher risk trade. So lower position size for now with wider stop.
Weekly bull divs on RSI, MACD, FI
Daily bull divs RSi, MACD, FI, OBV + gap unfilled 8-11.6
SL (soft) 5.06
Long term Target 11.2. Possible lower target 10. Will be watching volume and for bearish signals there.
Weekly and Daily look primed for a bottom/bounce. Keep an eye on bearish divergences after bounce because monthly still looks bearish and a high value buying area exists below 3.5
Higher risk trade. So lower position size for now with wider stop.
Weekly bull divs on RSI, MACD, FI
Daily bull divs RSi, MACD, FI, OBV + gap unfilled 8-11.6
Nota
Trade filled. Price rebounded a little while I was typing up analysis. But this trade is live.This is my journal of my trades. This is not financial advice. Provided for educational purposes only.
Nota
Trade going well so far. Slope of EMAs on Weekly is too steep atm. Look for possible rejection at the Slow EMA and sell signals in the value zone (marked)
Each time price has returned to the value zone on daily envelope it saw a sharp sell off. Watch for the same to occur Monday. If not, price should rise above and flip EMAs bullish. Target on envelope is currently just above $9
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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.
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.