RR - Potential Bull Swing
Timeframe - 1 weeks to 2 months
Volume
- Increase volume volume
Price Action + Trend
- Bearish trend broken
- Price closed above downtrend line
- weak selling pressure
Patterns
- Rounding bottom
Oscillators
- MACD - Turning into bullish MMT
- DMI - bullish mmt intact, DX speeding up
Conclusion
- Mid risk
- high return
Timeframe - 1 weeks to 2 months
Volume
- Increase volume volume
Price Action + Trend
- Bearish trend broken
- Price closed above downtrend line
- weak selling pressure
Patterns
- Rounding bottom
Oscillators
- MACD - Turning into bullish MMT
- DMI - bullish mmt intact, DX speeding up
Conclusion
- Mid risk
- high return
Trade closed: target reached
TP 3 achieved.
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.
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.