4hr is getting oversold, 1 hr is showing bullish divergences all over the place.
WAIT for the 1hr Stoch and MACD to turn back up and then BUY/LONG. Do trailing stop in case 4hr doesn't turn positive. If 4hr turns positive, you can go all in.
WAIT for the 1hr Stoch and MACD to turn back up and then BUY/LONG. Do trailing stop in case 4hr doesn't turn positive. If 4hr turns positive, you can go all in.
Note
Ok guys, we can do some buying here. 4hr Stoch is super oversold and I expect it to start on its way back up again. We are also on bottom of the 4hr BB band.I would do a partial long position here and go in with the rest of your planned full position when MACD and Stoch cross into a buy on the 4hr.
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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.