Day - Price at BB Dev 1 top band - Watch where day closes
4H - Price needs to breakout of the SMA's range
1H - Watch if 50 sma holds - Price may be retesting support - New fractal high
made
15m - Wath if 50 EMA holds
Watch red/green arrows indicating possible directional choices price can make
4H has possible target prices from breakout
4H - Price needs to breakout of the SMA's range
1H - Watch if 50 sma holds - Price may be retesting support - New fractal high
made
15m - Wath if 50 EMA holds
Watch red/green arrows indicating possible directional choices price can make
4H has possible target prices from breakout
Note
This TA is based on the principle of "If this happens - then what?"Note
DAY MOVING ABOVE BB DEV 1 TOP BAND4H BREAKOUT OF 50 SMA TOP OF RANGE
1 H BREAKING ABOVE 50 SMA
15M PRICE MOVED ABOVE 50 EMA
WATCH 15M FOR FAKE BREAKOUT IF IT FAILS
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.