The uptrend channel is on a massive breakout, seems to be a buying opportunity. We are seeing a large amount of buy volume, which is bullish.
Also notable, the RSI breached 30 yesterday. Today it has rebounded and now 30 is acting as a new support.
Long at 68.85, sell at 78.0, stop loss at 65.00.
**Disclaimer I am an amateur trader and I just want to record my own predictions. So take what I say with a grain of salt.
Also notable, the RSI breached 30 yesterday. Today it has rebounded and now 30 is acting as a new support.
Long at 68.85, sell at 78.0, stop loss at 65.00.
**Disclaimer I am an amateur trader and I just want to record my own predictions. So take what I say with a grain of salt.
Note
My stop loss has not been hit yet, I am still optimistic. Lets see if the market will bounce on Monday.Note
Since we are below 30 on the RSI, right now is a buying opportunity for this trade.
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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.