Positional trade
good accumulation, VCP pattern
u/d ratio more than 3
sellers exhausting.
accumulation going on around 50ema
21ema going towards 50 ema with changing angle
sl is less than 8 percent, which is reasonable for positional type trade.
one big volume bar might reveal accumulation.
buy if stays above 1900.
u/d ratio more than 3
sellers exhausting.
accumulation going on around 50ema
21ema going towards 50 ema with changing angle
sl is less than 8 percent, which is reasonable for positional type trade.
one big volume bar might reveal accumulation.
buy if stays above 1900.
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.