Confluence trade on NFL
After a good upward move day before yesterday, the stock has retested to its 0.5 Fibonacci level and is also at support. A downward trend is also broken.
Taking all these reasons into account, there is a good possibility for it to go upward for the target of 65.
Confluence trading is basically having multiple reasons to enter into a trade with confirmation.
Please like and share!
Happy trading :)
Taking all these reasons into account, there is a good possibility for it to go upward for the target of 65.
Confluence trading is basically having multiple reasons to enter into a trade with confirmation.
Please like and share!
Happy trading :)
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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.
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.