AT&T Inc.לונג
Multi Timeframe analysis and aligned setup on AT&T
a) Let's start with the Weekly chart: We have a clear bullish view, Support Zone + Ascending trendline. Those two levels combined on the same spot provide us with a solid level to think of as the beginning of a new ascending impulse
b) On the 1H scenario, we can see:
-The price is inside a range (between the Weekly support zone and the Next Resistance Zone)
-There is a broken descending trendline (that provide us with a bullish perspective)
- On the Range, we have an inner Support/Resistance zone in which the price is currently on the edge of that
- On the previously mentioned level we have a clear corrective Structure
FINAL CONCLUSION:
Based on all the previous items. IF the price breaks the current corrective Structure, we will open long setups on the shown level. With a Target on the next resistance zone. The yellow line represents the Break-Even level. We will take a 1% risk of our Capital on this setup / The expected duration of the Trade is 10 Days. The stop loss will be set below the structure.
b) On the 1H scenario, we can see:
-The price is inside a range (between the Weekly support zone and the Next Resistance Zone)
-There is a broken descending trendline (that provide us with a bullish perspective)
- On the Range, we have an inner Support/Resistance zone in which the price is currently on the edge of that
- On the previously mentioned level we have a clear corrective Structure
FINAL CONCLUSION:
Based on all the previous items. IF the price breaks the current corrective Structure, we will open long setups on the shown level. With a Target on the next resistance zone. The yellow line represents the Break-Even level. We will take a 1% risk of our Capital on this setup / The expected duration of the Trade is 10 Days. The stop loss will be set below the structure.
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.