Welcome to all traders, This is my paper trade. Please feel free to comment and give constructive critcsim.
Uptrend with the trend above EMAs. Trend is your friend until its bend.
The MACD also in the uptrend.
The candle at upper band BB.
The current Stochastic RSI is 96%. There are 4% left to keep uptrend. Usually, it will retrace and by...
MACD keep increasing but still below 0 level.
Parabolic SAR shows the counter in uptrend.
Based on Fibo Retracement, can EP between 0.595 - 0.60.
CL when the candle touch the lower channel line. Set your own TP.
This counter keep making new HL and HH.
The trend is still bullish.
MACD is ideal as still uptrending, green candle formed and maintained above 0.
The highest resistance is 0.915. Set your own TP, CL and EP.
We can see the trend changed as there is green candle formed out of the bearish channel.
There also volume spike with the green candle.
The MACD still not show the entry yet.
Stochastic RSI already crossed up and it is on oversold level.
Maybe MACD will start to cross up in the next two three days. Can entry when MACD cross up. Set the TP, CL on your own.