As we can see in the graph, we have returned to the buying trend for several days already! We recommend entering a Buy position for several reasons with a very specific target:
1. The price crossed the moving average 200 (Buy Signal) In the daily graph
2. The price crossed the Kijun Sen In the weekly graph
3. The price will seek to reach a psychological goal to...
Pretty interesting chart we saw in one of my educational sessions. Will be posting updates for the trades!
Gráfica muy interesante que hemos visto en mis sesiones de educación. Estaré poniendo actualizaciones para los trades.
Our preference: sales position below 1010.00 with targets at 991.00 & 981.00 in extension.
Alternative scenario: in excess of 1010.00, aim for a continuation of the rise with 1020.00 & 1030.00 in line of sight.
Comment: The RSI calls for a continuation of the decline.