A HIGH POTENTIAL, LONG ANALYSIS.
1) DOUBLE BOTTOMS BULLISH DIVERGENCE IN OBV OSCILLATOR. BIG BUYING VOLUME IN THE MARKET THAT IS PUSHING THE PRICE UPWARD.
2) STOCHASTIC OSCILLATOR IN OVERSOLD AREA, CROSSING FOR LONG MOVEMENT.
3) TREND LINE BREAKOUT IN OBV OSCILLATOR - VOLUME PRECEDING THE PRICE
NOTE: ENTRY RANGE AREA BELOW THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
1) DOUBLE BOTTOMS BULLISH DIVERGENCE IN OBV OSCILLATOR. BIG BUYING VOLUME IN THE MARKET THAT IS PUSHING THE PRICE UPWARD.
2) STOCHASTIC OSCILLATOR IN OVERSOLD AREA, CROSSING FOR LONG MOVEMENT.
3) TREND LINE BREAKOUT IN OBV OSCILLATOR - VOLUME PRECEDING THE PRICE
NOTE: ENTRY RANGE AREA BELOW THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade closed: target reached:
Comment:
Comment:
A bullish bat pattern revealed to confirm (or to extend take profit).
Best regards.