Bullish Exaggerated Bousted or Bullish Exeggerated Divergence ?
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Hi everyone. I will be busy with my own daily work routine, but i will try to make it at least 1 publishing trading idea per day. All right, let's go further !
This is what i saw and based on my 2cents analysis, this is the "trade-what-you-see" evidence that i found.
1. Symmetrical Triangle = Which indicates the break-out of price above. 2. Stochastic's oscillator has already make a golden-crossed which indicates the bullish sign (Based on momentum). 3. Haaaaa, this is what interesting, if you see on the stochastic's indicator below, i have plotted the orange line which i found a BULLISH EXEGGERATED DIVERGENCE, which tells us the bullish sign of price.
Well, if im going to buy, here is the trading decision that i will make...
1. Gonna buy it as soon as possible within the symmetrical triangle area. 2. Take profit decision..... I can see that the price has the possibility to go towards 90cents. But...... i dont trust the traders, most likely many of them will take profit as early as they can. So i will stick to 2-4 bids of TP. 3. For cut loss, i will take 10% based on my entry price.
If you guys have something to say, just drop your thoughts below and let's discuss about it !
And yess this is not a buy call. For some knoeledge purposes only. Trade at your own risk. All the best traders !!
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.