Price action and chart pattern trading
> Elliott Wave downtrend channel breakout testing SMA50 key resistance
> High possibility breakout key resistance and retest SMA50
> Entry @ SMA50 retest - Target SMA200 + 30-35%
> Stoploss @ SMA20 -10 - 15% downside RRR: 2:1
Indicator:
> BBD continued uptrend positive banker fundflow above baseline
> KDJ stochastic strong uptrend ribbon
> Banker smart money volume support
Always trade with affordable risk and respect your stoploss
> Elliott Wave downtrend channel breakout testing SMA50 key resistance
> High possibility breakout key resistance and retest SMA50
> Entry @ SMA50 retest - Target SMA200 + 30-35%
> Stoploss @ SMA20 -10 - 15% downside RRR: 2:1
Indicator:
> BBD continued uptrend positive banker fundflow above baseline
> KDJ stochastic strong uptrend ribbon
> Banker smart money volume support
Always trade with affordable risk and respect your stoploss
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.
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.