I will be looking for longs once the opportunity presents itself. I believe this stock is making a correction at the moment.
211.85 (already reached more or less), next zone is 195.80, and final area is 185.00. I have marked 3 levels to watch for where I expect the reversal to happen.
Weekly - Potential bullish divergence
D1 - Another bullish divergence -
Be patient and wait for your confirmation! Keep in mind it could easily push lower,
Combination of trend line breakout (most recent down trend line) with most recent high on the H4 chart, this is what we are looking for.
Of course if price pushes lower and new Highs/Trend Lines are created, adjust your analysis to the most recent one.
Once we see this kind of a breakout, wait for a small correction to improve the risk:reward ratio and go for longs.
Those of you who want to be more aggressive can try longs with H1 chart Forex Libra Code signals.
211.85 (already reached more or less), next zone is 195.80, and final area is 185.00. I have marked 3 levels to watch for where I expect the reversal to happen.
Weekly - Potential bullish divergence
D1 - Another bullish divergence -
Be patient and wait for your confirmation! Keep in mind it could easily push lower,
Combination of trend line breakout (most recent down trend line) with most recent high on the H4 chart, this is what we are looking for.
Of course if price pushes lower and new Highs/Trend Lines are created, adjust your analysis to the most recent one.
Once we see this kind of a breakout, wait for a small correction to improve the risk:reward ratio and go for longs.
Those of you who want to be more aggressive can try longs with H1 chart Forex Libra Code signals.