My trading plan is very simple.
I buy or sell when:
* Price tags the top or bottom of parallel channels
* Money flow spikes above it's Bollinger Bands
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in channel zones at bottom of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) near oversold level
VBSM is spiked negative and under bottom of Bollinger Band
Price at or near 3.618 Fibonacci level
Entry at $84.91
Target is $88 or channel top
I buy or sell when:
* Price tags the top or bottom of parallel channels
* Money flow spikes above it's Bollinger Bands
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in channel zones at bottom of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) near oversold level
VBSM is spiked negative and under bottom of Bollinger Band
Price at or near 3.618 Fibonacci level
Entry at $84.91
Target is $88 or channel top
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.