Hi Traders!
The market is in a strong Downtrend.
As you can see the market also reached the Support.
The momentum of the price decreased too.
The market is at the moment in a descending wedge.
The Trading Idea is simple: Just wait for the Break of the Upper Trendline.
We have these confirmations now:
* RSI is oversold
* Stochastic is oversold
* Market at daily Support
* Decrease of Volume after High Price Action
The faster the market reaches to a S&R Level,
the deeper it bounces back (in usual situations).
We recommend to trade the Breakout with a wide SL.
Thanks and successful Trading :)!
The market is in a strong Downtrend.
As you can see the market also reached the Support.
The momentum of the price decreased too.
The market is at the moment in a descending wedge.
The Trading Idea is simple: Just wait for the Break of the Upper Trendline.
We have these confirmations now:
* RSI is oversold
* Stochastic is oversold
* Market at daily Support
* Decrease of Volume after High Price Action
The faster the market reaches to a S&R Level,
the deeper it bounces back (in usual situations).
We recommend to trade the Breakout with a wide SL.
Thanks and successful Trading :)!
註釋
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。