Price action and chart pattern trading setup
> Elliott Wave position: Standard Zigzag ABC correction ending with contracting triangle about to breakout
> Entry at stop loss eater dump and pump at SMA50
> 1st Target at SMA20 zone 0.5 and 2nd target at previous 3rd Wave position zone 0.786 - 1.0
> Stoploss 3-5% plus ADR average day range roughly below entry point with risk-reward ratio 2:1 for medium-term trade
Indicator:
> Strong smart money and banker chip volume entry index > 2 at position A and C
> Banker fundflow RSI rebounded from oversold area
> BBD signal bullish divergence for trend reversal at TF4H
> KDJ stochastic on coming uptrend ribbon
Always trade with affordable risk and respect your stoploss
> Elliott Wave position: Standard Zigzag ABC correction ending with contracting triangle about to breakout
> Entry at stop loss eater dump and pump at SMA50
> 1st Target at SMA20 zone 0.5 and 2nd target at previous 3rd Wave position zone 0.786 - 1.0
> Stoploss 3-5% plus ADR average day range roughly below entry point with risk-reward ratio 2:1 for medium-term trade
Indicator:
> Strong smart money and banker chip volume entry index > 2 at position A and C
> Banker fundflow RSI rebounded from oversold area
> BBD signal bullish divergence for trend reversal at TF4H
> KDJ stochastic on coming uptrend ribbon
Always trade with affordable risk and respect your stoploss
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.