SOLGBP BullishTrend bias is bullish, higher highs and higher lows.
I am long in this trade. todays bias is ,currently bearish, but can change.At 140 I will add more longs, below 135, I exit. First profit target 156.
If it breaks above 156 my target will be 183
Nelow 125-128 bias is bearish
Stop loss dependent on
Related pairs
Rising Triangle Within Upward WedgeAs per title. Rising triangle within larger rising wedge.
Interestingly, on the weekly where you can see the rising wedge, there is thin cloud twist which price is heading towards. Thin cloud points = easy to break through. If it breaks the triangle upwards then target 175.46.
Better Call SOLThe case for an incoming quick Sol rebound:
- Stochastic RSI is Oversold on the Daily Chart
- Horizontal support from a historic low/support zone from June 2021.
Additional:
Current low is 15.50 , maybe room for this to go down to 13.00 level, then I'm guessing an equally large move upwards as a r
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.