Three possible patterns to watch out for that could give us a buy opportunity
1) Bullish pennant (blue)
How to trade:
We have a buy opportunity If resistance break
TP = $5.5
2) ABC correction to trend (orange)
How to trade:
We have a buy opportunity if we get a reversal candle near trend
TP1 = $3.55
TP2 = $4.45
3) Double bottom (red)
How to trade:
100 MA is catching up, Fib level near $3 mark
We have a buy opportunity if we get a reversal candle near the $3 mark
TP1 = $3.55
TP2 = $4.45
1) Bullish pennant (blue)
How to trade:
We have a buy opportunity If resistance break
TP = $5.5
2) ABC correction to trend (orange)
How to trade:
We have a buy opportunity if we get a reversal candle near trend
TP1 = $3.55
TP2 = $4.45
3) Double bottom (red)
How to trade:
100 MA is catching up, Fib level near $3 mark
We have a buy opportunity if we get a reversal candle near the $3 mark
TP1 = $3.55
TP2 = $4.45
Note
looks like it might break that bullish pennant (blue)Transaction en cours
TP $5.6Note
broke the pennant, looks like we go down moreTrade fermée: cible de profit atteinte
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
