LongChanneltrend
Long
SPCX: Short-Term Correction Before Macro ExpansionSPCX recently completed its prior bullish sequence into the overhead Whole Correction Level (WCL) and ABC Target zone around the $140.00ā$150.00 region. Following this sequence completion, price initiated an active corrective move, establishing Points A and B. Price is currently consolidating within an ascending channel directly inside the internal BC correction zone near $142.00ā$144.00, setting up the framework for the next directional leg.
A confirmed breakdown from this rising channel opens the path toward the lower ABC Target and Whole Correction Level (WCL) located between $120.00 and $130.00, with confluence around the $124.00ā$128.00 Point C target area. Invalidation for this corrective sequence is strictly defined at the Point B high ($148.00); any breach or wick above this level immediately invalidates the bearish sequence.
Once the corrective Point C target is fulfilled inside the lower WCL block, the broader macro structure favors continuation within the primary ascending channel trajectory. A clean structural defense and reversal out of the $120.00ā$130.00 zone sets the foundation for an expansive impulse targeting the major macro Whole Correction Level (WCL) situated between $165.00 and $185.00.
EURUSD 15M ā Descending Structure & Key FVG ZonesMarket Structure
EURUSD is currently trading within a descending structure, with price showing a sequence of lower highs and bearish Breaks of Structure (BOS) š. The marked channel highlights the current corrective/downward flow.
š Key Areas to Watch
Two important 15-minute FVG + Order Block zones are marked on the chart:
šµ Lower FVG + OB: Near the current price area, which may act as an initial reaction zone.
šµ Upper FVG + OB: A higher supply/imbalance area that could become important if price retraces upward.
š¢ Bullish Scenario
If the lower reaction area holds and price confirms a bullish shift in market structure, EURUSD could retrace toward the upper imbalance zone. A liquidity sweep followed by strong bullish confirmation may provide additional evidence of a potential recovery.
š“ Bearish Scenario
If price reaches the upper 15M FVG + OB and shows a clear bearish rejection, the broader descending structure may continue. In that case, sellers could regain momentum toward lower liquidity areas.
š§ Trading Concept
The main focus is on market structure, BOS, liquidity, Fair Value Gaps (FVG), and Order Block reactions. Waiting for price confirmation and managing risk carefully is important, as marked zones represent areas of interestānot guaranteed reversal points.
ā ļø Educational analysis only. This chart presents possible market scenarios based on technical structure and does not guarantee future price movement or constitute financial advice.
Short
MNQ 4H ā Short from channel top to structural supportSetup
MNQ is trading inside a well-defined descending parallel channel on the 4H timeframe. Price is currently testing the upper resistance boundary, which offers a continuation short in line with the dominant bearish structure. Prices at time of research: 29,315.75.
MNQ 4H with the descending channel, the upper-band short entry, stop above the last lower-high, and the structural demand target.
Why this setup ā 3 reasons
Channel adherence & rejection at the upper band: Price action is governed by a descending channel, a structure that favors trend continuation. The retest of the upper boundary (around 29,466.50) is a key inflection point. Earlier upper-band tests in this cycle were defended by sellers, so the short is taken at the standard-deviation extreme, targeting a move back toward the channel median.
Downside target at a structural demand zone: The objective is anchored at a major demand zone (28,717 ā 28,800). This area previously acted as an accumulation base. The intersection of the channel's downward path with this horizontal support creates a dual-layer target and a favorable risk-to-reward ratio.
Structure-based invalidation: The stop at 29,753.50 sits above the most recent structural lower-high and outside the upper band of the channel. A sustained break above that level breaks the sequence of lower highs and nullifies the bearish thesis.
Trade plan
Bias: Short
Entry: 29,466.50 ā limit entry at the upper channel boundary test.
Stop loss: 29,753.50 ā invalidation: a firm 4H candle close completely outside the channel, breaking the sequence of lower highs.
Target 1: 28,800 (top of the structural demand block)
Target 2: 28,717.25 (base of the structural demand block)
Timeframe: 4H
Risk note
This is technical analysis for educational purposes, not financial advice. Manage your risk. If price closes above the channel on the 4H, stand aside ā the bearish structure no longer holds.
Short
DATAPATTNS is showing a bullish move at an ascending channelNSE:DATAPATTNS has been in a sustained bullish trend for several months and has recently found support at the lower boundary of its ascending channel on the daily timeframe , reinforcing the likelihood of continued upward momentum.
Additionally, the sectoral index , NSE:NIFTY_IND_DEFENCE , has retested its all-time-high with a morning star pattern , providing further confirmation of relative strength among the sectors and supporting the top-down approach.
The Daily RSI(14) at 47.51 is also indicating a bullish reversal signaling a potential formation of a higher low with a fresh leg up . The stock has currently tested its 50-day EMA with a hammer and a support at its previous broken resistance (Change in polarity) reinforcing the bullish setup.
With a move above 4355 , NSE:DATAPATTNS could potentially move towards 4660. Consider entering above the high of the hammer with a stoploss at 3800 on a daily closing basis.
Key Support Levels: 4230,4140,3800.
Targets: 4660,4930.5
Disclaimer:
Investments in the securities market are subject to market risks, read all related documents carefully before investing. Securities quoted here are exemplary, not recommendatory. I am not a SEBI registered financial advisor, please consult your financial advisor before investing. Please note that I do not guarantee any assured returns for the securities quoted here.
Stay updated with my latest trading ideas and market analysis by following me on TradingView.
Hari Narayan N
Chartered Market Technician (CMT ā All 3 Levels Cleared)
Long
EURCHF - Corrective Channel Meets Key Resistance!EURCHF remains bearish from a broader perspective, continuing to trade inside the red descending channel.
After rejecting the lower boundary of the broader channel, price entered a corrective phase within the blue ascending channel. Price is now testing an important resistance area that has triggered multiple rejections in the past, while also aligning with the upper boundary of the ascending channel, creating an interesting confluence zone to monitor.
āAs price is testing this area, we can start looking for sell setups on lower timeframes, anticipating a bearish reaction from this area.
āHowever, if this resistance area fails to hold, the focus shifts toward the upper boundary of the broader descending channel, where it aligns with the upper resistance area, creating a strong zone to look for trend-following sell setups.
The reaction around these key resistance areas may reveal whether sellers are ready to regain control, or if the corrective move has more room to develop.
ā ļø Disclaimer: This analysis reflects my personal market view and is not financial advice.
Rayan Nasser
#EURCHF #EUR #CHF #Forex #TechnicalAnalysis #PriceAction #Trading #MarketStructure
Short
GBP/USD - US employment data falls + Rising Channel in H4GBP/USD continues to respect a well-defined rising channel on the H4 timeframe after reacting positively from a bullish order block near channel support. Price has reclaimed the Ichimoku cloud with a fresh bullish cloud crossover, suggesting momentum is shifting back in favor of buyers. As long as price remains above the highlighted demand zone, the probability favors a continuation toward the upper boundary of the channel where the next resistance levels are located. FX:GBPUSD
Key Levels (Must Watch) :
1st Resistance: 1.36542
2nd Resistance: 1.37311
Support Zone: 1.32900 ā 1.33300
US Jobs Miss Weakens Dollar :
July employment data came in weaker than expected, reducing the probability of another near-term Fed hike and supporting GBP/USD
Disclaimer: This analysis is for educational purposes only.
Call to Support the Idea
Boost | Comment | Share
Thank you
Long
Why Solana dominance should grow soonPlanB-like channel, but adapted to Solana
Now it stays at the bottom of the log channel.
A bounceback is likely soon
Plan for $BTC on 4H chart The level I am looking for a price to come and revers is POC (62800). Around this level we also have 50% of the bullish channel and VWAP from lows. Trade entry will be only after bullish reaction on LTF.
In case no bullish reaction on the POC the next level is VAL and only then I will be looking for price going for the BSL
Long
Motilal Oswal: Hold or Breakdown? Key Technical Levels to Watch.MOTILAL OSWAL ā Technical Outlook
The stock continues to trade within a well-defined ascending channel and is currently positioned near the mid-channel support, which is also aligned with the 200 EMA. Historically, this confluence has acted as a strong demand zone, preventing the price from sustaining below it.
Bullish Scenario:
If the stock holds above the mid-channel support and the 200 EMA, buying momentum is likely to resume, with an upside potential towards ā¹1,000.
Bearish Scenario:
A decisive breakdown below the channel support and the 200 EMA would invalidate the current bullish structure. In that case, the stock could witness a minimum downside move of around 70 points, with the next major support near ā¹730.
Key Levels to Watch
Support: Mid-Channel + 200 EMA
Bullish Target: ā¹1,000
Bearish Target: ā¹730 (on confirmed breakdown)
Live trading on ADP stockADP ā Live Trade Setup NASDAQ:ADP
As you can see, price is currently trading near the lower boundary of its valid 67-day channel.
At the same time, both MACD and RSI are showing strong bullish divergences, adding further confluence to this setup.
In addition, one of our trading systems has generated a buy signal in this area, suggesting a potentially attractive long opportunity.
From here, price could potentially move:
first toward TP1
and then continue higher toward TP2.
As always, manage risk properly and trade according to your own strategy.
Follow proper risk and money management.
This is just my personal view, so please trade based on your own strategy and trading system.
Feel free to share your thoughts in the comments.
Long
ZEC is about to flyHello Traders!
Previously we hit mega Jackpot in ZEC, we shorted from 650 to 350. It was absolutely amazing move. This move is not as massive as previous one but it can generate 1000% profit.
ZECusdt is inside a pattern and it will fly from here as it is at the bottom of the rising channel.
There are many more bullish confirmation in ZECusdt. I am expecting atleast 22% pump from here which means ZEC will touch 490 easily.
We are entering in ZEC from 400.
Stoploss 357.9(10.1%)
Target 485.5(+21.1%)
My goal is to be recognized as one of the highest win-rate traders in the TradingView community. :)
Trade Analysis Based on
> Fibonacci Tool (A1000x Way) ā Custom Fibonacci approach for precise market analysis
> Candlestick Patterns ā Strong price action confirmation through key candle formations
> A1000x Breakout Strategy ā Identifying and trading high-probability breakout setups
> HH, HL & LH, LL Strategy ā Market structure analysis for clear trend direction
> Swing Points ā Tracking key highs and lows for accurate price movement insight
> A1000x Stoploss Strategy ā Strategic stoploss placement for effective risk control
> A1000x Target Strategy ā Structured target setting based on price action
We trade using carefully developed strategies and disciplined market analysis, always seeking the best possible accuracy while remembering that ultimate success comes only by the will of Allah.
In some trades, you may notice a relatively larger stop loss or a risk-to-reward ratio that may appear unusual at first glance. However, every trade is taken with proper planning and calculated analysis, not random entries.
Before entering any position, we perform detailed calculations and market evaluation. Based on this analysis, we carefully determine our stop loss and target levels.
I personally apply one of my specialized stop-loss and target strategies, designed to place the stop loss at a logical market level where price is less likely to reach before moving toward the intended target ā InshaAllah.
Trading always involves risk, but with discipline, patience, and proper strategy, we aim for consistent and responsible decision-making.
Feel free to share your thoughts, leave a comment, or contact me.
Long
Trading Roadmap | Classical TA Ā· Lesson 04 ā Price Channelsš³ BIGBELUGA TRADING ROADMAP
Course 01 ā Classical Technical Analysis Ā· Lesson 4
Price Channels: Trading Inside the Tracks
Difficulty: š³šššš (Beginner)
Channels are where trends become trade-able. They give you the cleanest entries, the clearest stops, and the most defined targets in classical TA. This lesson shows you how to identify a valid channel, trade inside it, and recognize when it is about to break.
šµ RECAP ā WHERE WE LEFT OFF
In Lesson 3, you learned how to identify static and dynamic Support & Resistance, the Flip Zone, and how to rank level strength. Channels take those same concepts and tilt them ā when support and resistance run parallel on an angle, you get a channel.
šµ WHY CHANNELS ARE A TRADER'S BEST FRIEND
A channel is the cleanest form of price action you can find. It tells you three things at once:
The direction (up, down, or sideways)
The current support and resistance (the channel boundaries)
The expected reaction zones (top and bottom of the channel)
Inside a clean channel, every move is predictable. That is why professionals wait for them.
šµ 1. THE THREE TYPES OF CHANNELS
Channels come in three flavors ā same as trends.
Ascending Channel: both lines slope up. Market is in an uptrend, making HH and HL. Buy the lower boundary, sell or take profit at the upper.
Descending Channel: both lines slope down. Market is in a downtrend, making LH and LL. Sell the upper boundary, cover at the lower.
Horizontal Channel (Range): both lines are flat. Mean-reversion environment. Buy support, sell resistance.
š³ Pro Tip: The angle of the channel tells you the trend's character. Steep = volatile and unstable. Gentle = sustainable and trade-able.
šµ 2. HOW TO DRAW A VALID CHANNEL
A channel is just two parallel trendlines. Both need to be valid.
Construction:
Draw the main trendline first (2ā3 lows for uptrend, 2ā3 highs for downtrend)
Add a parallel line on the opposite side touching the highs (or lows)
The two lines must run parallel and contain most of the price action
Validation:
At least 2 touches on each line (4+ total)
Each touch produces a clear reaction
Price respects both boundaries
š³ Pro Tip: Use the Parallel Channel tool in TradingView (next to the trendline tool). It draws both lines automatically once you mark 3 points.
šµ 3. TRADING INSIDE THE CHANNEL
A channel offers high-probability trades at BOTH boundaries. The smartest play is taking the side that aligns with the channel direction (longs in ascending, shorts in descending), but skilled scalpers also fade the opposite side for quick reversals.
Long Setup ā Buying the Lower Boundary
Wait for price to touch the lower line and print a reversal candle (engulfing or pin bar). Enter on confirmation. Stop loss just below the channel. Target the upper boundary.
Short Setup ā Selling the Upper Boundary
Same logic mirrored. Wait for price to touch the upper line and print a bearish reversal candle. Enter on confirmation. Stop loss just above the channel. Target the lower boundary.
Universal rules:
Never enter at a boundary ā wait for reaction
Stop loss goes beyond the boundary, never inside it
Targets = the opposite boundary
š³ Pro Tip: If you are new to channels, take only trades in the channel direction . Counter-channel trades work, but require sharper execution and tighter risk management.
šµ 4. THE CHANNEL BREAKOUT
Every channel eventually breaks. Knowing how to recognize and trade the break is half the strategy.
Real breakout checklist:
A candle closes cleanly outside the channel (body, not wick)
Volume expansion on the breakout candle
Follow-through candle in the new direction
Often followed by a retest of the broken boundary
Fakeout warning:
Wick crosses the boundary but body closes inside
Immediate snap-back into the channel
Low volume on the break attempt
Two ways to play the break:
Aggressive ā enter on the breakout candle close. More risk, bigger move captured.
Conservative ā wait for the retest of the broken boundary. Safer, lower R:R.
š³ Pro Tip: The longer a channel held, the bigger the move after the breakout. A 3-month channel breaks bigger than a 3-day one.
šµ 5. CHANNEL BREAKOUT TARGETS
The classical technique: measure the width of the channel (vertical distance between the two boundaries), then project that same distance from the breakout point in the direction of the break.
If a $5,000-wide channel breaks upward at $50,000, the first target is $55,000.
This is the minimum expected target. Many breakouts go further.
šµ 6. COMMON BEGINNER MISTAKES
Drawing a channel with only one touch on the upper line
Entering at the middle of the channel instead of at a boundary
Mistaking a wick break for a real breakout
Ignoring the higher-timeframe trend
Forcing parallel lines where they do not actually fit the price structure
Taking counter-channel trades without tighter stops and faster execution
šµ 7. YOUR CHANNEL FRAMEWORK
Before any channel trade, ask:
Is the channel valid? (4+ touches minimum)
Is price AT a boundary, not in the middle?
Is there a confirmation candle at the zone?
Where would my stop go ā and is the opposite boundary a worthwhile target?
šµ QUICK SELF-CHECK
Identify the three channel types in under 5 seconds
Draw a valid channel with 4+ touches
Pick entries from BOTH boundaries (long at bottom, short at top)
Tell a real channel breakout from a fakeout
Project a breakout target using channel width
šµ WHAT IS NEXT
Lesson 5 ā Single Candle Patterns: now that you can read trends, draw lines, and trade channels, we zoom in. Single-candle patterns are the smallest signals on the chart ā Doji, Hammer, Shooting Star, Pin Bar ā and they often mark the exact moment a level holds or breaks.
Drop a comment: which channel type do you find easiest to trade ā ascending, descending, or horizontal?
Full Trading Roadmap | Classical TA Course
Trading Roadmap | Classical TA Ā· Lesson 01 ā Mastering the Chart
Trading Roadmap | Classical TA Ā· Lesson 02 ā Mastering Trends
Trading Roadmap | Classical TA Ā· Lesson 03ā Support & Resistance
Best Regards, BigBeluga š³
Education
Live trading on Union Pacific (UNP) stock.Union Pacific (UNP) ā Live Trade Setup NYSE:UNP
As you can see, price is currently trading at the lower boundary of an extended channel, after a sharp sell-off into this area.
We also have a hidden bullish divergence on MACD, adding confluence to this zone.
In addition, one of our trading systems has triggered a buy signal here, suggesting a potential long opportunity.
From this level, price could potentially move:
first toward TP1
and then extend toward TP2.
As always, manage risk properly and trade according to your own strategy.
Follow proper risk and money management.
This is just my personal view, so please trade based on your own strategy and trading system.
Feel free to share your thoughts in the comments.
Long
Live trading on Altria Group (MO) stock.Altria Group (MO) ā Live Trade Setup NYSE:MO
As you can see, price is currently trading near the lower boundary of its 50-day range channel. At the same time, the latest bearish move shows reasonable bullish divergences on both MACD and RSI.
In addition, one of our trading systems has generated a buy signal in this area, suggesting a potentially attractive long opportunity.
From here, price could potentially move:
first toward TP1
and then continue higher toward TP2.
As always, manage risk properly and trade according to your own strategy.
Follow proper risk and money management.
This is just my personal view, so please trade based on your own strategy and trading system.
Feel free to share your thoughts in the comments.
Long
Coffee CFD ($COFFEE) Update: Another 2RR Target Secured! Coffee CFD ( PEPPERSTONE:COFFEE ) Update: Another 2RR Target Secured! ā Strategic Rejection at Upper LTB Signals Macro Bearish Continuation toward 22,000
### ā Coffee C CFD Daily Technical Matrix (Ref: COFFEE_2026-06-19_09-21-50.png)
Consistency is the core foundation of our framework at ChartPro Data. We are thrilled to announce that **our previous short-term trade study has officially captured its full 2RR take-profit target!** Following this precise structural completion, we are delivering an immediate tactical update as the commodity pivots at a crucial structural milestone.
Coffee C CFD is experiencing intense institutional selling pressure during today's session, plummeting **-3.39% to print at 26,595.3**.
---
### š Structural Geometry & Multi-Line Rejection:
1. **The Upper Descending LTB Test:** The recent local counter-trend rally expanded directly into the dominant overhead Descending Trendline (the upper parallel red LTB line) defining the primary multi-month bearish channel.
2. **Moving Average Confluence Layer:** This diagonal boundary beautifully intersected with the dynamic resistance of the **72-period SMA (red line at 28,094.8)**. The price printed a sharp, high-volume rejection shadow precisely at this confluence node, validating a massive block of institutional supply orders.
3. **Macro Trend Dominance:** The broader, higher-timeframe trend remains heavily bearish, structurally anchored by price action sustained far below the institutional long-term **200-period EMA (purple line at 30,751.4)**.
---
### š The Macro Road Map: Targeting the Channel Baseline
With the local counter-trend bounce now officially exhausted and rejected, the market sentiment points definitively toward a strong re-alignment with the master **MACRO trend**:
* **The Bearish Vector Acceleration:** The immediate order flow has flipped back to absolute sell-dominance (as modeled by our prominent downward red projection arrow).
* **The Ultimate Destination (22,000 Region):** The primary structural and mathematical target for this expanding downward wave sits at the lower parallel boundary of our macro channel. We project a steady leg down to sweep liquidity near the major historical support corridor around the **22,000.0** psychological level.
### Tactical Summary:
Chasing counter-trend longs in this environment is highly inefficient. The technical playbook favours managing short positions or utilising any minor local intraday pullbacks to position in favour of the macro trend, defining risk strictly above the recent rejection high near the 72 SMA.
---
š **ChartPro Data** | By Rogerio Zaglia
*Soft Commodities Architecture, Systematic Trend Re-Alignment & Mathematical Target Sourcing.*
ā ļø **Disclaimer:** For educational and informational purposes only. This technical update represents a personal trading framework and does not constitute financial or investment advice.
Short
HH HLAAPL Analysis
Closed at 300.23 (17-05-2026)
Continuously making HH HL.
Trading in a Channel with Channel bottom around 223 - 226 & Channel top around 300 - 304.
Now if 243 - 245 breaks, next support would be the channel bottom.
Tata Steel Ready for a Short-Term Bull RunDaily Timeframe Analysis
Tata Steel is approaching the lower boundary of its rising channel, a zone that has previously acted as strong support.
RSI is also near its support trendline, suggesting that selling pressure may be nearing exhaustion.
Support Zone: ā¹190āā¹195
A bounce from this area could trigger the next bullish move.
Price is also respecting its key EMAs, adding strength to the support zone:
1st EMA Support: ā¹197
2nd EMA Support: ā¹187
RSI is also trading near its support trendline, indicating that downside momentum may be weakening and a reversal could be on the cards.
Bullish view remains valid as long as the channel support holds .
Long
Rejection from Channek TopOGDC Analysis
Closed at 318.53 (20-05-2026)
Analysis shared on 21-04-2026 played well & the
price rejected exactly from the right shoulder &
channel top.
Now, 290 - 305 seems to be a good support zone;
otherwise, wait for the price to cross 337 - 340 &
sustain it to print New HH and targeting around 400+
MU: Channel Retest & Crucial Support ClusterAs shown, Micron Technology (MU) is experiencing a sharp pullback after an aggressive multi-month rally, currently trading at $864.15.
Despite the recent -4.57% intra-day decline, the macro outlook remains structurally healthy. According to our metric dashboard, the Trend (EMA 200) is firmly Bullish, though the price is sitting on a massive extension stretch with a distance of 311.3 USD above the 200 EMA (currently at $552.80).
Technical Breakdown & Key Levels
The Ascending Channel Floor:
The price has pulled back to the lower boundary of its dominant ascending parallel channel. This channel has guided the entire uptrend since April. A confluence bounce here is mathematically critical for the bulls to maintain immediate upside momentum.
The Horizontal Support Trigger (blue box):
Right at the channel floor, price action has hit a crucial immediate horizontal support zone near $835.00. This zone represents a short-term liquidity pool where buyers are actively stepping in to defend the channel.
Momentum Cooling Off:
The RSI (14) has reset to 44.3 (Neutral), signaling that the previous overbought conditions from the top of the channel (near $1,100) have been fully washed out. Volume activity remains Normal, indicating this is an orderly, structured correction rather than a panic-driven liquidation event.
Execution Strategy & Scenario Planning
With an Earnings Event (E) visible on the horizon at the end of June, volatility is expected to compress before the next major expansion move.
š¢ Scenario A: The Confluence Bounce (Bullish Confirmation)
Trigger: Look for a 4-hour bullish reversal candle (e.g., a hammer or bullish engulfing) right at the $850 horizontal and channel confluence.
Target: A successful defense opens up a move back toward the mid-channel dashed line (~$980) and ultimately a retest of the psychological $1,050 ā $1,100 highs.
š“ Scenario B: The Structural Breakdown (Deep Correction)
Trigger: A clean 4-hour candle close below $850 invalidates the ascending channel.
Outlook: If the channel breaks, expect a deeper, healthy macro retracement to close the extension gap toward the major institutional demand zones and the 200 EMA far below.
ā ļø Risk Management Notice
Disclaimer: This idea is published for educational purposes only and is based on the visual data. It is not financial advice. Due to the wide gap between the current price and the 200 EMA, manage your position sizing strictly, especially with the upcoming earnings volatility.
Parallel Channel BreakoutFETUSDT Analysis
CMP 0.2652 (03-06-2026 01:50pm PST)
Parallel Channel Breakout
Targeting around 0.785
Stoploss 0.1860
NVIDIA ā Live Trade SetupNVIDIA ā Live Trade Setup NASDAQ:NVDA
Price is currently trading near the lower boundary of its medium-term channel while also entering a strong demand zone.
In addition, one of our trading systems has triggered a buy signal, suggesting that this area could present a favorable long opportunity.
From here, price could potentially move:
first toward TP1
and then continue higher toward TP2, if momentum remains supportive.
As always, manage risk properly and trade according to your own strategy.
Follow proper risk and money management.
This is just my personal view, so please trade based on your own strategy and trading system.
Feel free to share your thoughts in the comments.
Long
Live trading on Linde plc stock.Linde plc ā Live Trade Setup NASDAQ:LIN
As you can see, price has reached the lower boundary of its medium-term channel. At the same time, both RSI and MACD are showing bullish divergences in this area.
In addition, one of our trading systems has generated a buy signal, suggesting that this zone may offer a favorable long opportunity.
From here, price could potentially move:
* first toward TP1
* and then continue higher toward TP2.
As always, manage risk properly and trade according to your own strategy.
Follow proper risk and money management.
This is just my personal view, so please trade based on your own strategy and trading system.
Feel free to share your thoughts in the comments.
Long