TRUMP. Tired of watching this election meme bleed or ready for the next squeeze? According to market chatter, the latest political headlines cooled off the whole election-narrative sector, so the hype premium got flushed out. Now price is sitting right on that big green demand zone where earlier buyers finally woke up.
On the 4H chart the trend is still clearly down, but we just bounced off support around 3.0 and started to grind sideways. RSI printed oversold and is curling up with a small bullish divergence, while above us the volume profile leaves a nice liquidity pocket toward 3.7-4.0. I lean to a corrective pop upward rather than an immediate new low, especially if fresh headlines bring back spec money.
My base plan: only interested in longs while price holds that green zone around 3.0-3.2, with short-term targets at 3.6 and then 3.9-4.0 ✅. If buyers fail and we close 4H candles below the green box, I treat it as trend continuation with room for fresh lows and step aside. I might be wrong, but for now I see this as a dead-cat that still has one good bounce left in it.
On the 4H chart the trend is still clearly down, but we just bounced off support around 3.0 and started to grind sideways. RSI printed oversold and is curling up with a small bullish divergence, while above us the volume profile leaves a nice liquidity pocket toward 3.7-4.0. I lean to a corrective pop upward rather than an immediate new low, especially if fresh headlines bring back spec money.
My base plan: only interested in longs while price holds that green zone around 3.0-3.2, with short-term targets at 3.6 and then 3.9-4.0 ✅. If buyers fail and we close 4H candles below the green box, I treat it as trend continuation with room for fresh lows and step aside. I might be wrong, but for now I see this as a dead-cat that still has one good bounce left in it.
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NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
Related publications
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.
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
Related publications
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.