Sideways drift into the cloud and converging tk lines suggests the possiblity of a future edge to edge trade. Place bids along tenkan and kijun marked by "Entry Zone".
This move would be further validated by a tk cross. Take partial profit at 0.382 fib and heavy profit at 0.5 fib level. This "Entry Zone" also serves as a good price to accumulate if investing.
Not Financial Advice. Education and Entertainment only.
This move would be further validated by a tk cross. Take partial profit at 0.382 fib and heavy profit at 0.5 fib level. This "Entry Zone" also serves as a good price to accumulate if investing.
Not Financial Advice. Education and Entertainment only.
Comment:
As always, do not forget to place stops if price falls below Entry Zone.
Comment:
approaching buy zone. place most of buys near the lower end
Comment:
Still on track. Updated view with pink zone being aggressive partial buy, light blue zone being expected support in bullish trend, green zone long term accumulation.
Still on track. Updated view with pink zone being aggressive partial buy, light blue zone being expected support in bullish trend, green zone long term accumulation.