KCS is overall bullish trading inside the orange megaphone pattern.
Since it is sitting around the lower bound / trendline and green minor support, we will be looking for Trend-Following Buy setups.
As per my trading style, I will be looking for bullish reversal setups on lower timeframes like a double bottom, trendline break, and so on...
[bKCS would be overall bullish unless the sellers manage to break below the green zone downward, then a movement till the lower blue support would be expected where we will be looking for new buy setups to form.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Since it is sitting around the lower bound / trendline and green minor support, we will be looking for Trend-Following Buy setups.
As per my trading style, I will be looking for bullish reversal setups on lower timeframes like a double bottom, trendline break, and so on...
[bKCS would be overall bullish unless the sellers manage to break below the green zone downward, then a movement till the lower blue support would be expected where we will be looking for new buy setups to form.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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Trusted CFD Broker
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Trusted Crypto Prop Firm
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theSignalyst.com
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t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
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cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.