Entry here would be very low risk. We have:
- bullish continuation pattern (ascending triangle)
- triple hidden bullish divergence on MACD on 4h chart
- price sits right at a support level/trendline that held multiple times
- RSI support on 4h chart
Stop loss here could be very tight, just below the support level/trendline that we are hugging right now. It feels like recent price action was affected by Russell rebalancing and it might be a case of people selling the news but I wouldn't panic just yet. Zooming out the overall trend is still very bullish adding to the argument.
- bullish continuation pattern (ascending triangle)
- triple hidden bullish divergence on MACD on 4h chart
- price sits right at a support level/trendline that held multiple times
- RSI support on 4h chart
Stop loss here could be very tight, just below the support level/trendline that we are hugging right now. It feels like recent price action was affected by Russell rebalancing and it might be a case of people selling the news but I wouldn't panic just yet. Zooming out the overall trend is still very bullish adding to the argument.
עסקה סגורה: הגיע לסטופ
Maybe it's just a fakout but looks like the idea failed amid broader market correction.הערה
back in the structure, i hope it can run up to test the 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.
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.