TLT is showing signs of an overall uptrend pattern since Nov '18 on the daily timeframe.
TLT price has a history of "breaking into a strong uptrend" after the following pattern/sequence is met:
1. EMA21 fails as support during a pullback, signaling a potential dip buy opportunity
2. Price retests EMA21 as resistance and then breaks back above it, signaling bullish momentum
3. RSI level breaks above it's own SMA50, signaling a strong uptrend may follow
A potential entry could be; price remains above EMA21 & RSI confirms a break above the RSI SMA50.
A potential exit target; when RSI level becomes overbought near 70+ level @ +2.5%
A potential stop set at; any "end of day" close below the EMA21 level @ -0.50%
LONG position offers good risk/reward ratio of 5:1
TLT price has a history of "breaking into a strong uptrend" after the following pattern/sequence is met:
1. EMA21 fails as support during a pullback, signaling a potential dip buy opportunity
2. Price retests EMA21 as resistance and then breaks back above it, signaling bullish momentum
3. RSI level breaks above it's own SMA50, signaling a strong uptrend may follow
A potential entry could be; price remains above EMA21 & RSI confirms a break above the RSI SMA50.
A potential exit target; when RSI level becomes overbought near 70+ level @ +2.5%
A potential stop set at; any "end of day" close below the EMA21 level @ -0.50%
LONG position offers good risk/reward ratio of 5:1
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.