We can see that both targets were hit during my last signal on bqx, we're resting at support one more time. From the circled candle wicks we can see that sellers fail to close below the line.
We can use this as our entry point and aim for the green target lines. Closing below the line would mean cutting losses.
This will be added onto my Tradingview...
Indicators are looking juicy
Support/Resistance lines are looking juicy, keep an eye on it if it closes below the 2nd cyan line, the chart is invalid and you need to cut losses.
but I doubt that'll happen
If the candle is bullish (white or green), the price dips down quite low following the interval’s opening due to the bears’ influence. However, the bulls gain control and push the price back up again, so the interval closes above where it began.
If the candle is bearish (black or red), the bears take the reins and force the price downward. After they’ve...
We have noticed interesting development and possible bounce #BQXETH ( #BQX ). Price bellow bollinger low, RSI approaching 30.
This is not a trading recommendation, it just represents our trading opinion.