WINGS - Ready to FLY???
Thoughts
- Not a great setup in terms of R/R
- 200EMA and 50EMA getting closer
- Good volume spikes, orange box (Bullish)
- Higher low, light blue line (Bullish)
- Still hovering between the 0.236 and 0.382 Fibs
- Supporting trend line is still in tact and bounced off a strong support zone
- Stop loss should be around 0.000055 (causing a new local low) around 21% of current WINGS 0.000069
- Target seems a bit tough to achieve but it should be around 0.0001 to get a R/R of 2
- Not a great setup in terms of R/R
- 200EMA and 50EMA getting closer
- Good volume spikes, orange box (Bullish)
- Higher low, light blue line (Bullish)
- Still hovering between the 0.236 and 0.382 Fibs
- Supporting trend line is still in tact and bounced off a strong support zone
- Stop loss should be around 0.000055 (causing a new local low) around 21% of current WINGS 0.000069
- Target seems a bit tough to achieve but it should be around 0.0001 to get a R/R of 2
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.