ALGO short term opportunity
Please feel free to comment or challenge me on my TA. If you like my idea, leave a like to show support.
--------------------------------------------------------------------
ALGO FRACTAL
Signs that have given us hope in the past:
- Golden Cross about to form
- RSI has broken above and below 70
- Run up in price, follow by a retracement towards the 50-MA level
Has lead to +15% gains in the past three months. As of today if price were to rise 16% it would beautifully touch the weekly resistance level.
Keep your eyes out, but wait for the retracement to the 50-MA
*No financial advice
--------------------------------------------------------------------
ALGO FRACTAL
Signs that have given us hope in the past:
- Golden Cross about to form
- RSI has broken above and below 70
- Run up in price, follow by a retracement towards the 50-MA level
Has lead to +15% gains in the past three months. As of today if price were to rise 16% it would beautifully touch the weekly resistance level.
Keep your eyes out, but wait for the retracement to the 50-MA
*No financial advice
Related publications
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.