A positive divergence in AARTIIND, which enables a buying opportunity above the last high, i.e., 446
Targets are the selective levels from the default pitchfork.
T1 is around 476, and T2 is around 495.
These targets consider not only the price but also the time factor in the calculation; therefore, the targets are subjective, based on when the candles reach the trendlines.
Entry is active only on breakout of high 446, and if waited for retest of this level will validate it more. An entry on lower time not less than 4h is suggested.
Alternatively, I will also be looking for 1 hour for early entry.
Targets are the selective levels from the default pitchfork.
T1 is around 476, and T2 is around 495.
These targets consider not only the price but also the time factor in the calculation; therefore, the targets are subjective, based on when the candles reach the trendlines.
Entry is active only on breakout of high 446, and if waited for retest of this level will validate it more. An entry on lower time not less than 4h is suggested.
Alternatively, I will also be looking for 1 hour for early entry.
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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.