LIVE TRADE SIGNAL:
SELL STOP: 141.200
RISK RATIO: 2.1
HOLD PERIOD: 4HRS - 3DAYS
TRADE TYPE: DAY
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Technical Analysis detailed from Chart price action, overlays and indicators.
*leave comments or message me about how I can improve information I provide. Safe trading.
CHART: Price formed a respectable downtrend ( consistent lower high and lows ) Previous breakout of support level and during the price retest around 141.600 (previous support/new resistance) price crossed above immediate downtrend line.
MOVING AVERAGES : Both short and long term meets ( indecision ), price above moving averages but closing gap.
VOLUME: More selling than buying volume in the most recent days.
Stoch RSI: Sloped downward, short crossed below mid level, long is at mid level. There is a nice amount of room for price to fall to/slightly below trend line and slightly above support level.
VI: Bullish; moving averages indicates price is deciding which way price should go ( indecision; confirming trading range and supports range levels to eye for breakouts )
SENTIMENT: S/T short, seeing price reach just below trend line or current support level )
Entry: Sell limit 141.200
Risk Ratio: 2:1
SELL STOP: 141.200
RISK RATIO: 2.1
HOLD PERIOD: 4HRS - 3DAYS
TRADE TYPE: DAY
........................................................................................................................................
Technical Analysis detailed from Chart price action, overlays and indicators.
*leave comments or message me about how I can improve information I provide. Safe trading.
CHART: Price formed a respectable downtrend ( consistent lower high and lows ) Previous breakout of support level and during the price retest around 141.600 (previous support/new resistance) price crossed above immediate downtrend line.
MOVING AVERAGES : Both short and long term meets ( indecision ), price above moving averages but closing gap.
VOLUME: More selling than buying volume in the most recent days.
Stoch RSI: Sloped downward, short crossed below mid level, long is at mid level. There is a nice amount of room for price to fall to/slightly below trend line and slightly above support level.
VI: Bullish; moving averages indicates price is deciding which way price should go ( indecision; confirming trading range and supports range levels to eye for breakouts )
SENTIMENT: S/T short, seeing price reach just below trend line or current support level )
Entry: Sell limit 141.200
Risk Ratio: 2:1