Long
DPZ - Pizza Anyone?

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WEEKLY: Right Chart
DPZ is overall bullish trading inside the blue rising broadening wedge, and now approaching the lower blue trendline so we will be looking for trend-following buy setups on lower timeframes.
DAILY: Left Chart
DPZ is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing.
Trigger => Waiting for that swing high to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, DPZ would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WEEKLY: Right Chart
DPZ is overall bullish trading inside the blue rising broadening wedge, and now approaching the lower blue trendline so we will be looking for trend-following buy setups on lower timeframes.
DAILY: Left Chart
DPZ is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing.
Trigger => Waiting for that swing high to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, DPZ would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
Bitunix Crypto Exchange
cutt.ly/Bitunix
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
Bitunix Crypto Exchange
cutt.ly/Bitunix
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.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
Bitunix Crypto Exchange
cutt.ly/Bitunix
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
Bitunix Crypto Exchange
cutt.ly/Bitunix
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.