Pattern: Channel Up on 4H.
Signal: Buy as the price successfully tested the 4H MA100 (green trend-line) and the 1760 level (was formerly the Resistance for 1.5 month) as Support. The 4H MACD made a Bullish Cross.
Target: 1795 short-term (right below the 1D MA100 (yellow trend-line), which is holding as Resistance since January 08) and 1830 medium-term (right below the projection of the 1W MA50 (red trend-line).
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Signal: Buy as the price successfully tested the 4H MA100 (green trend-line) and the 1760 level (was formerly the Resistance for 1.5 month) as Support. The 4H MACD made a Bullish Cross.
Target: 1795 short-term (right below the 1D MA100 (yellow trend-line), which is holding as Resistance since January 08) and 1830 medium-term (right below the projection of the 1W MA50 (red trend-line).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes
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Trade Forex on TradingView (zero commissions)👉 go.tradenation.com/visit/?bta=37104&brand=tradenation
I trade Crypto (perps/swaps) with👉 app.defi.app/join/5b8X2l
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I trade Crypto (perps/swaps) with👉 app.defi.app/join/5b8X2l
Funded trading -10% off👉 hyrotrader.com/?coupon=tradingshot
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.
