ANKR - Time For Another Rally
My incredible boyfriend and trading partner (SXTrading on trading view) opened my eyes to a beautiful set up this morning.
So following the same supply and demand trading method as usual - I have another analysis for you.
ANKR has been in a clear uptrend this year - so we look for trading opportunities to the upside.
To find the demand zones where the big player are waiting to place their buy orders - look for previous pauses and breaks in momentum - areas of consolidation and accumulation.
These are the areas where the pros are taking profits or buying more at what they consider a "discounted a price".
Here we can see one formed on the 61.8 fib level of the last rally - this is a golden zone. This makes me very excited.
Analysing the candlestick behavior we see bullish momentum exiting the zone - simultaneously breaking the downward trend lines and breaking through the 8 MA- adding strong confirmation to our beliefs.
Divergence on the MACD adds a nice cherry on top.
So following the same supply and demand trading method as usual - I have another analysis for you.
ANKR has been in a clear uptrend this year - so we look for trading opportunities to the upside.
To find the demand zones where the big player are waiting to place their buy orders - look for previous pauses and breaks in momentum - areas of consolidation and accumulation.
These are the areas where the pros are taking profits or buying more at what they consider a "discounted a price".
Here we can see one formed on the 61.8 fib level of the last rally - this is a golden zone. This makes me very excited.
Analysing the candlestick behavior we see bullish momentum exiting the zone - simultaneously breaking the downward trend lines and breaking through the 8 MA- adding strong confirmation to our beliefs.
Divergence on the MACD adds a nice cherry on top.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.