Chart Contents:
1. Bullish Triple Bottom
2. Bullish Divergence
3. Descending Channel - Bullish
Bullish Divergences will have to be fulfilled and in this case it will be at $8,530.
Price will be in a parabolic curve soon.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
Ron (The Intrepid Trader)
This is not financial advice. Do your own TA and use this chart to help you decide what trade you want to make.
1. Bullish Triple Bottom
2. Bullish Divergence
3. Descending Channel - Bullish
Bullish Divergences will have to be fulfilled and in this case it will be at $8,530.
Price will be in a parabolic curve soon.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
Ron (The Intrepid Trader)
This is not financial advice. Do your own TA and use this chart to help you decide what trade you want to make.
Comment:
If we retrace back down again, here's the bearish scenario.
Comment:
This Parabolic Curve will not wait for anyone. It can't wait to launch.
