Time at mode analysis points to completion of a corrective move as price meets the profile balance point from the last high to mode distance, matching a downtrend signal timer expiration.
We can already visualize a clear long entry, after 5 bars with no new lows, and a strong up bar in both daily and 4h charts, showing support was found at this critical time and price level.
Placing a market buy now, and looking to scale in if it continues to move up.
It's possible the RBA speech will introduce massive volatility, and I'm looking forward to it.
Will update with further entries and trailing stop opportunities.
Cheers,
Ivan.
We can already visualize a clear long entry, after 5 bars with no new lows, and a strong up bar in both daily and 4h charts, showing support was found at this critical time and price level.
Placing a market buy now, and looking to scale in if it continues to move up.
It's possible the RBA speech will introduce massive volatility, and I'm looking forward to it.
Will update with further entries and trailing stop opportunities.
Cheers,
Ivan.
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.