D1 - We are looking for two waves down to the 38.2% to 50% retrace zone of the special cycle. Once the price reaches this zone we may expect a correction to happen and look for short term buys.
H1 - Bullish divergence (ignore the spike). Price broken above 59.35.
In the short term we may now look for pullbacks and buys. In the mid – longer term we are after sells.
Scenario 1 - Double wave down with hidden bullish divergence to form, we can then go long with the breakout of the most recent trend line.
Scenario 2 - We may get a range, in that case any drop down or push to the bottom of this range is an opportunity to look for buys. Of course we must have a cycle on its own in intraday timeframe as well before we start looking for buys.
H1 - Bullish divergence (ignore the spike). Price broken above 59.35.
In the short term we may now look for pullbacks and buys. In the mid – longer term we are after sells.
Scenario 1 - Double wave down with hidden bullish divergence to form, we can then go long with the breakout of the most recent trend line.
Scenario 2 - We may get a range, in that case any drop down or push to the bottom of this range is an opportunity to look for buys. Of course we must have a cycle on its own in intraday timeframe as well before we start looking for buys.
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.