Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on MONTHLY: Left Chart DIS is sitting around a strong support in green 85.0 - 95.0. For the bulls to take over long-term, we need a break above the blue resistance 120.0
Meanwhile, since we are around a support zone , we will be looking for buy setups on lower timeframes.
🏹on DAILY: Right Chart For the bulls to take over short-term, we need a break above the last high in gray.
Meanwhile, until the buy is activated, DIS can still trade lower inside the monthly support or even break it downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich