fork is working very well to this time, red line is resistance now, targets green lines, stoploss above blue line should you give more then 1:1 RR. There is possible daily hammer depending on the daily close.
Comments
itaskar
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this fork looks better, if the price breach the red line and will make it support, we will heading to the blue horizontal line and green slope line, somewhere there is iHAS target as well, I will hold my position till the red line holds, It is more bullish here at this time because the floor is stepping up in meaning of slope lines(I didnt notice this before).
wuweitrader
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What about this one?
wuweitrader
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This one might do even better.
itaskar
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I agree, it shows the same like my forks above(daily,240), It is on resistance point now(red line), this resistance must hold, otherwise it will continue to the green line(daily)
itaskar
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Hi pal, I think that there is no difference between these two forks, both are same slope. In my case there are confirmations inside the fork, this is what I am looking for.
itaskar
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sorry, my reply was doubled, I was talking about my fork and your first picture.
itaskar
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Hi pal, I think that there is no difference between these two forks, both are same slope. In my case there are confirmations inside the fork, this is what I am looking for.
itaskar
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it is important to have stoploss, there are two bullish patterns available(iHAS,flag). Iam watching the red resistance now,,