Liihen - baru break out downtrend 24/12/2020
Liihen broke short term down trend - parabolic SAR is below close price of 24/12
This indicates the price is moving on an uptrend. The ema 5 line is also on the way of crossing up the ema 20 line. Furthermore, the macd line is crossing up the signal line.
There has been significant price action 3 days building up to the breakout on 24/12
All this, are favorable conditions which would trigger multiple screeners and attract traders! At the stage, it is still early breakout
My EP - 4.0 to 4.1
My tp1 - 4.2 ( 5-2.5%)
My tp2 medium - 4.6
This indicates the price is moving on an uptrend. The ema 5 line is also on the way of crossing up the ema 20 line. Furthermore, the macd line is crossing up the signal line.
There has been significant price action 3 days building up to the breakout on 24/12
All this, are favorable conditions which would trigger multiple screeners and attract traders! At the stage, it is still early breakout
My EP - 4.0 to 4.1
My tp1 - 4.2 ( 5-2.5%)
My tp2 medium - 4.6
Trade active
Still sideways, but and uptrend is imminent RMA 5 is crossing up EMA20, parabolic SAR still below today close price.The counter saw less volume today.
Order cancelled
price broke my strong support level . cut loss
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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.