-Higher highs, higher lows
-EMA 200 is below the price (long signal)
-Uptrend since may
-We are on a strong support
WAIT for the signal that this support holds, before you enter a trade. In my case, thats a good nice green candle.
These three points tell me, we have a good chance that the price will go up again. could take 2/3 swings till we reach the upper resistance.
WORK WITH A TRAILING STOP on this one.
Good trades and heaps of profits to you!
-EMA 200 is below the price (long signal)
-Uptrend since may
-We are on a strong support
WAIT for the signal that this support holds, before you enter a trade. In my case, thats a good nice green candle.
These three points tell me, we have a good chance that the price will go up again. could take 2/3 swings till we reach the upper resistance.
WORK WITH A TRAILING STOP on this one.
Good trades and heaps of profits to you!
Order cancelled:
Well, the idea was to early, and thats why it did not work.
Comment:
Keep an eye on this one, as it could rocket up one more time. If that purple line holds, and price rises again, we could get another rally.
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de.tradingview.com/chart/WDI/vosCiEtp/
Free Trading Education:
www.babypips.com/learn/forex
Wem meine Analysen und Gedanken gefallen, der darf mir einen Kaffee kaufen:
www.buymeacoffee.com/EvanMoeMoney
What a bullish candle. Seems like my idea did either not work, or was just that one hour to early. Lets see what the price decides next.